Ya i also suggest the same thing. In ICICIDirect also we are facing similar problem.
I am now trying out ShareKhan And Kotak Securities Ltd. These guys have competitive brokerages.
sharekhan normal brokerage rate for intraday: 0.10 per leg + other charges.
sharekhan normal brokerage rate for delivery: 0.50 per leg + other charges.
plus points: speed trade software (some other files needed to run the software, i.e: ds clients, high encryption pack etc.), excellent phone trading facility (password & tpin needed), superb customer care, BTST facility.
minus point: high intraday brokerage,
kotak normal brokerage rate for intraday: 0.06 per leg + other charges.
kotak normal brokerage rate for intraday: 0.59 per leg + other charges.
plus point: average intraday brokerage, KEAT (easy to download & use at any place),
minus point: poor phone trading facility, bogus cust. care.