Page 2 - Demat Accounts

At 1.79 million, demat accounts opened in June fewest since Feb 2021

The total demat count now stands at 96.5 million, with 16 million new accounts getting added during the first half of 2022 - higher than 12.4 million added in the first half of 2021

Sebi extends last date for implementation of new pledging system to Sept 1

Earlier deadline was July 1; Move follows request by depository firms tasked with readying the backend for the new system for extension as the "changes to the systems are still under process"

Demat a/cs maintained by stock brokers need to be tagged by June-end: Sebi

Credit of securities will not be allowed in any demat account left untagged from July 1 onwards. However, credits on account of corporate actions will be permitted, the Sebi said in a circular.

LIC's mega Rs 21,000-cr IPO does little to lift demat tally in May

The pace was down by almost 750,000 when compared to January when over 3.4 mn new accounts got added

Angel One demat customers cross 10 mn; base doubles in over 12 months

On an annualised basis, the gross addition grew by 108.7 per cent in the 12 months ending May 2022, the city-based securities firm said in a statement on Monday

After FII, will retail investor flows into equity market also shrink?

Over past decade, strong retail flows have coincided with declining / low deposit rates, said analysts at Jefferies, who expect the deposit rates to go above the 7 per cent level with a lag

LIC IPO: 12 million policyholders have demat accounts, says report

The LIC has set a price band of Rs 902-Rs 949 per equity share. The government intends to raise Rs 21,000 crore through the issue

Demat account tally jumps 63% to 89.7 million in FY22, shows data

Experts say, however, that pace of additions may moderate going ahead

CDSL becomes 1st depository with 60 million active demat accounts

Central Depository Services (India) on Tuesday said it now has more than six crore plus (60 million) active demat accounts.

Street signs: CSK shares trade between Rs 180-200, Lata sends Didi buzzing

Last week, a mutual fund house invited bids for selling 100,000 shares.

Number of demat accounts have more than doubled since March 2019: Tyagi

Top brokerages have been opening nearly a million demat accounts since then and almost 75 per cent of them are under-30 investors

Street signs: New demat accounts rise, F&O stock list swells, and more

Market watchers say it will be interesting to see if the pace of addition continues if the market continues to remain volatile

Unique investor count on NSE crosses 50 million, shows data

Cities beyond the top 50 account for 57% of new registrations

Boom in digital dabba trading

Much like illegal dabba trading, the platform itself is the counterparty to trades by the customer

Investors to get option to block securities in demat accounts: Sebi

Investors will soon have the option to block securities on their respective demat accounts for sale transactions apart from the existing early pay-in mechanism.

'Don't want to fly in private jet, own a yacht': Zerodha CEO Nithin Kamath

Nithin and his brother expected to earn home a salary of up to Rs 100 crore each for running India's largest stock brokerage firm. Nithin's wife to get same salary package as well.

IIFL bid wins Karvy's 1.1 million demat customers, Axis takes trading a/cs

Axis Securities' customer base to swell from 2.5 mn to over 3.6 mn; IIFL says well poised to service demat customers from Day-1

Sebi orders attachment of bank, demat accounts of Sunshine Global Agro

Markets regulator Sebi has ordered attachment of bank and demat accounts of Sunshine Global Agro and its directors to recover dues

A million new demat accounts opened for third straight month, shows data

The surge in new account openings has been underpinned by the rally in stocks

How to sniff and dodge financial scams and keep your wealth intact

Here are some tools that will help you detect a scam from a mile away and avoid touching one even with a 10-foot barge pole