Ideas powered by initiative, anchored in integrity, and creating enduring impact. This is Ambit Institutional Equities.
A leading business of Ambit Capital, we are globally recognised for iconoclastic research, unbiased advice, and execution excellence.
We pioneered the Good & Clean Framework, embedding accounting quality, governance discipline, and sustainable competitive advantage at the core of institutional research.
400+
Global clients
15+
Years experience
15+
Countries covered
Guided by our three I’s — Initiative, Ideas, and Integrity, we remain focused on delivering measurable, long-term Impact across market cycles.
We look beyond earnings narratives, applying rigorous accounting analysis, governance scrutiny, and capital allocation assessment to arrive at fair and sustainable valuations.
We issue decisive Buy and Sell calls grounded in disciplined frameworks and deep sector expertise, enabling informed and timely decisions.
Structured access to industry specialists, corporate leaders, and global investors strengthens idea generation and sharpens conviction.
Idea-led research anchored in accounting quality, capital allocation discipline, and governance standards.
Dedicated institutional coverage, providing timely intelligence and seamless alignment between institutional investors and research.
High-touch and electronic execution across cash and derivatives, combining liquidity access with disciplined risk management.
A research-led access platform connecting investors with corporate leadership, sector experts, and on-ground industry ecosystems, transforming access into informed conviction.
This Global Reach is delivered through:
Head, Institutional Equities
Nitin leads Ambit’s Institutional Equities franchise, driving growth through integrity, differentiated ideas, and disciplined execution.
A member of the Executive Committee, he partners closely with research to enhance market strategy and iconoclastic accounting & ESG capabilities.
With over 24 years across leading firms, he is a CA, CS, Harvard AMP alumnus, and holds a Master’s from Kurukshetra University.
Head, Equity Research
Ashwin heads Equity Research at Ambit, covering IT, Internet, and new-age technology.
With over 25 years of sector expertise, he previously led Software & Services research at Nomura and worked at Motilal Oswal. His experience spans both industry and markets.
He holds degrees from IIT Kharagpur, IIM Lucknow, Carnegie Mellon, and is a CFA charterholder.
Managing Director - Co-Head of Sales & Trading
Ketan brings over 20 years of experience across trading, advisory, and institutional sales.
He strengthens Ambit’s execution platform across cash and derivatives while deepening institutional partnerships.
Previously, he led proprietary derivatives trading at Reliance Industries and managed balance sheet hedging at IDBI Bank.
A Chartered Accountant, he combines technical precision with market discipline.
Managing Director - Co-Head of Sales & Trading
Nirav has 18+ years of experience in institutional equity sales and trading across domestic and international markets.
He previously held senior roles at ICICI Securities Inc. (New York) and Citigroup Global Markets India.
At Ambit, he focuses on client engagement, strategic market insights, and disciplined execution to strengthen the institutional franchise.
Director, India Access
Bijal leads India Access at Ambit, delivering high-impact corporate access programs for institutional investors and corporates.
With over 20 years in financial services, she has built and scaled corporate access platforms across leading firms.
She holds an MBA from West Virginia University and brings deep expertise in investor engagement and strategic relationship management.
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