Senior/Equity Research Analyst – India IT & Services

Macquarie Group

About the role

Senior/Equity Research Analyst – India IT & Services - - 22495 - Macquarie Group

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Senior/Equity Research Analyst – India IT & Services

Additional office locations

Mumbai

Job ID

Date

31-Aug-2026

Permanent - Full time, Mid-level, Mid-senior

Job category

Equities, Research

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Join our Equity Research team in Mumbai and help deepen our footprint within an exciting and growing market, leveraging the strengths of the Macquarie platform. You will be working as a writing analyst, covering IT & Services companies in India in an entrepreneurial and collaborative culture.

We are a global financial services group operating in 30 markets with 57 years of unbroken profitability. At Macquarie, you’re empowered to shape a career that is fulfilling and creates value. You will bring your insights and expertise to the task at hand and feel supported as you make your own kind of impact for a better future.

What role will you play?

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Reporting to the Head of India Equity Research, you will leverage your expertise to identify and articulate compelling investment opportunities. You will be responsible for delivering high-quality research through rigorous market analysis, detailed financial modeling and insightful reports that guide institutional clients’ decisions. You will actively engage with senior stakeholders at covered companies, maintain strong industry relationships and provide timely, actionable insights that reflect both company-specific fundamentals and broader macro trends.

In addition, you are expected to drive thought leadership and uphold the highest standards of accuracy and clarity in every piece of research you produce, actively contribute to our Asia regional product, and stay on top of emerging themes to guide investment decisions.

What you offer

Excellent academic qualifications in finance or related disciplines

5+ years’ experience in equity research (buy-side or sell-side) with relevant sector expertise. Corporate strategy or investor relations experience gained within the IT and Services industry is welcome

Exceptional analytical and writing skills, with a proven ability to deliver actionable insights

Strong communication skills with a solid track record of building relationships with institutional clients and internal stakeholders globally

Entrepreneurial mindset and ability to thrive in a fast-paced environment.

We love hearing from anyone inspired to build a better future with us, if you're excited about the role or working at Macquarie we encourage you to apply.

What we offer

At Macquarie, you’re empowered to shape a career that’s rewarding in all the ways that matter most to you. Macquarie employees can access a wide range of benefits which, depending on eligibility criteria, include:

1 wellbeing leave day per year

26 weeks’ paid maternity leave or 20 weeks’ paid parental leave for primary caregivers along with 12 days of paid transition leave upon return to work and 6 weeks’ paid leave for secondary caregivers

Company-subsidised childcare services

2 days of paid volunteer leave and donation matching

Benefits to support your physical, mental and financial wellbeing including comprehensive medical and life insurance cover, the option to join parental medical insurance plan and virtual medical consultations extended to family members

Access to our Employee Assistance Program, a robust behavioural health network with counselling and coaching services

Access to a wide range of learning and development opportunities, including reimbursement for professional membership or subscription

Hybrid and flexible working arrangements, dependent on role

Reimbursement for work from home equipment

About Macquarie Capital

Macquarie Capital partners with businesses, startups and governments to connect ideas to capital and help drive innovation, growth and create real-world impact. Our global corporate advisory, investing, development and equities capabilities are underpinned by a full spectrum of capital markets solutions and deep sector expertise, with a focus on infrastructure and real assets, technology, software and services, and resources, energy and materials.

Inclusion at Macquarie

We are committed to providing an inclusive environment for all, where different experiences, skills and perspectives are valued and respected. Macquarie provides access to opportunities for all individuals regardless of race, colour, religion, sex, sexual orientation, national origin, age, disability, protected veteran status, genetic information, marital status, gender identity or any other characteristic or circumstance.

We provide reasonable adjustments to individuals who may need support during the recruitment process and employment. If you require an adjustment, please let us know during the application process.

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