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 accounts
This move is attributed to multiple factors, including high valuations in the Indian market, a shift in investment focus towards China and Hong Kong due to their comparatively lower valuations, delays in anticipated interest rate cuts by the US Federal Reserve, rising US bond yields, heightened tensions in the Middle […]
Capital markets regulatory Securities and Exchange Board of India (SEBI) has proposed making the process of direct payout of such securities to the client’s account mandatory, in order to enhance the operational efficiency and reduce the risk to clients’ securities. Nithin Kamath, co-founder and chief executive officer (CEO) of online […]