Religare Launches Online Trading Portal

Delhi-based Religare has launched online stock trading platform – www.religareonline.com. The portal will allow consumers to invest in equities, commodities, IPOs, mutual funds etc. Online trading market in India is currently crowded with ICICIdirect, Sharekhan, Indiabulls, and IDBIPaisabuilder.in slugging it out. Reliance recently launched RelianceMoney. Besides, there are several smaller and medium-sized players in the business.
Religare is owned by the promoters of the Delhi-based pharmaceutical company Ranbaxy Labs.

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