Going forward, experts believe that the growth in new demat accounts will depend on the market trajectory
Business Standard brings you the lowdown on demat accounts, trading accounts and a host of other terms and instruments you will find useful while moving your holdings
The pace of growth was 34.3 per cent, which was lower than that of 2021 which stood at 61.8 per cent
The number of demat accounts rose to 10.4 crore in October, 41 per cent higher from a year earlier, on attractive returns from the equity markets, even as incremental additions of such accounts have been on a declining trend for the past few months. According to an analysis by Motilal Oswal Financial Services, incremental additions of demat accounts have been continuously declining since August. The additions stood at 26 lakh in August, fell to 20 lakh in September and further dropped to 18 lakh in October 2022. The incremental addition in dematerialised (demat) accounts was 36 lakh in October 2021. The primary reason for the declining trend in additions of new demat accounts is the market volatility seen in the current calendar year due to global factors and relative under-performance of broader markets compared to frontline indices, said Roop Bhootra, CEO Investment Services, Anand Rathi Shares and Stock Brokers. Lesser number of new initial public offerings (IPOs) hitting market
Why is India Inc protectionist? Why are global CEOs bullish about India? Will the spike in natural gas prices affect related stocks? What is a demat and a trading account? All answers here
A Demat account is essential to hold and trade your shares, bonds and Mutual Funds. But, there is another account, called the trading account. Find out more about the two accounts and their difference
Stock market has benefitted from retail participation
The tally was less than 41 million before Covid-19 pandemic
Once the ITR 2021-22 is filed, the taxpayer needs to verify their return within 120 days, or it is deemed invalid
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Sebi has ordered attachment of bank accounts as well as share and mutual fund accounts of Aakruti Nirmiti Ltd and its directors to recover investors' dues totalling over Rs 95 crore
Experts say, however, that pace of additions may moderate going ahead
Failure to do so could result in penalties or lead to hassles later in financial planning
Paytm Money recorded an average investment of over Rs 70,000 per Demat account holder in FY21, with millennials leading the segment, according to an annual report data published in a Paytm blog.
Markets regulator Sebi on Tuesday ordered attachment of bank accounts as well as shares and mutual fund holdings of an individual to recover dues totalling around Rs 1.13 crore.
Your family could face difficulties as getting a succession certificate from the court is easier said than done
Despite a strong rally in the market, investors have pulled out money from mutual funds for the seventh straight month in January
In November, the watchdog barred KSBL from taking new brokerage clients after it was found that the brokerage firm had allegedly misused clients' securities to the tune of more than Rs 2,000 crore.
Besides, they have been asked to disgorge unlawful gain of about Rs 7 lakh, including interest. Babulal M Dugar, Manoj Kumar Dugar, and Vinod Kumar Dugar are the three persons facing ban.