In a significant uptrend, the total number of Demat accounts surged to 16.2 crore in June 2024, according to a report by Motilal Oswal Financial Services. As per the report, new additions spiked by 42 lakh in June, marking the highest account opening rate since February 2024. This indicates a […]
Demat Account
Zerodha founder-CEO Nithin Kamath, on June 7, praised the Securities and Exchange Board of India (SEBI) for making the Indian markets safer and more investor-friendly. In a post on the social media site X (formerly known as Twitter), Kamath referred to the market regulator’s circular on June 5, which mandates […]
You may have heard about demat (Dematerialised) accounts, which is a must for owning shares and other securities such as exchange traded funds (ETFs). But you will do well to remember that you have to open a trading account alongside a demat account to be able to seamlessly buy and […]