Some of the shortlisted ones,could please help me select one out of this :.
1) Reliance Money
2) ICICI Direct
4) Motilal Oswal
5) HDFC Securities
Sachin-If your requirement is INVESTMENT than trading, then cost does not matter. You go with the broker who provides you 3-in-1 like banks. You can manage savings account, trading account and demat account at one place. However, if your requirement is trading, then I suggest to go for Sharekahn or Motilal Oswal from above shortlisted brokers. But they reduce the brokerage if you bargain with them.
I am using zerodha discount broker.. it has zero brokerage for cash and carry and Rs 20 for intraday.. earlier I were using icici which took my 1.9% in each share (both for buying and selling combined) I would suggest you to try zerodha android kite app is very useful
Thanks for info.