Competition in the institutional stock broking space is set to intensify in the day ahead with over half a dozen foreign institutions looking to enter this space over the next few months. This apart some of the leading players which already have a presence in India are looking to scale up their operations.
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Some of the players have already commenced hiring staff while others are conducting team visits to assess local market conditions. India has a transparent regime it encounter competition stated by Narayan Ramachandran countrer head of Morgan Stanley.
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