If you’re looking for a broker that mixes solid research with a simple trading platform, Motilal Oswal often pops up in the conversation. It’s an Indian brokerage that’s been around for decades, so investors trust its name. But does it fit your style? Below we break down the key things you should check before you sign up.
First off, Motilal Oswal offers a wide range of products – equities, derivatives, mutual funds, and even IPO subscriptions. This means you can keep most of your investments under one roof. Their research team also puts out daily reports, stock ideas and sector outlooks, which can help beginners who aren’t sure what to pick.
Fees are another big factor. The brokerage charges a flat ₹20 per trade for equity delivery and a small percentage for intraday or futures & options. Compared with many discount brokers, the rates are a bit higher, but you get extra support and a more robust back‑office.
The platform itself is pretty straightforward. You can trade via the web portal, the desktop app, or the mobile app – all synced, so you won’t lose any data if you switch devices. The UI isn’t flashy, but it’s functional and loads quickly, even on slower internet connections.
Customer service is something that many users appreciate. Motilal Oswal has a 24/7 helpline, chat support and regional branches if you ever need to speak to someone in person. This can be reassuring if you’re new to the market and have questions about order types or settlement.
Opening an account is a simple three‑step process: fill out the online form, upload KYC documents (Aadhaar, PAN and a recent photo), and verify your bank details. The verification usually completes within a day, and you’ll get a trader ID and password to log in.
Once you’re in, take a few minutes to explore the research section. Motilal Oswal’s daily market notes give a quick snapshot of market sentiment, while deep‑dive reports explain why a stock might be a good buy. Even if you don’t follow every recommendation, reading the analysis can sharpen your own investing instincts.
Before you place your first trade, set a budget and decide whether you’ll trade on a delivery basis (buy and hold) or go for intraday/futures. Remember, intraday trading involves higher risk and the broker’s fees are charged per order, so keep an eye on transaction costs.Finally, monitor your portfolio regularly. Motilal Oswal’s app lets you set price alerts, view real‑time P&L and even download statements for tax filing. Using these tools can help you stay on top of market moves without constantly checking the screen.
Overall, Motilal Oswal works well for investors who want a mix of research, reliable support and a solid trading platform. If you’re comfortable paying a bit more for added services, it’s worth giving the broker a try. Just remember to start small, test the platform, and grow your investments as you get more confident.
Motilal Oswal Financial Services maintains a 'Neutral' rating for Bajaj Auto with a target price of Rs 8,770. Despite Bajaj Auto's Q3 FY25 showing a modest increase in net profit and revenue, the brokerage slightly lowers its earnings forecast due to challenges like domestic market share losses and global economic uncertainty. Bajaj Auto is believed to remain fairly valued despite a stock price adjustment.