Is Sharekhan reliable?

Yes, Sharekhan is a reliable stock broker. It is one of the most trusted stock brokers in India for over 2 decades. It is being audited by exchanges (BSE, NSE and MCX) and depository (CDSL) regularly. The company has not reported any major regulatory violations so far.

Sharekhan is a subsidiary of BNP Paribas since 2016. BNP Paribas is a reputed bank in Europe with a presence in 72 countries. BNP Paribas is listed in Euronext Paris, France's securities market.

Note that if you follow the basic principles while investing in the stock market, your money and holdings (shares, MF, Bonds etc.) are safe with brokers like Sharekhan.