Mumbai, Maharashtra -- (SBWIRE) -- 12/15/2010 -- Motilal Oswal Securities bagged the Best Performing Equity Broker (National) Award at CNBC TV18 Financial Advisor Awards 2010 held at ITC Central Sheraton and Towers, Mumbai on 8 December 2010.

About 17,000 entries were received for these awards out of which Motilal Oswal Securities was amongst those shortlisted. This was followed by a round of presentation to a jury.

Speaking on the occasion, Mr. Motilal Oswal, CMD, Motilal Oswal Financial Services, said, “We are extremely delighted to receive this award. It is a testimony to our focus on in-depth research, customized advice and robust technology that has not only helped create wealth for our customers ; it has also helped us grow to more than 1500 locations across 591 cities and 666,600 customers’’.

CNBC TV18 organised the 4th edition of Financial Advisor Awards 2010, in partnership with UTI MF. These awards recognize the best financial advisors across the country and acknowledge the contribution they have made to creating and preserving wealth and distributing expert and productive financial advice. These awards are India’s first and authoritative evaluation backed by a robust methodology powered by India’s leading rating house, ICRA.

Motilal Oswal Securities had bagged the No. 1 Broker Award in the ET Now – StarMine Analyst Awards 2009 and was ranked No. 2 by Asiamoney in 2010 and 2009, and also won awards in 3 out of 4 categories in the StarMine India Broker Rankings 2009 from Thomson Reuters.