Demat accounts reach 179 million even as new additions decline to 3.5 million in October
1 month, 1 week ago

Demat accounts reach 179 million even as new additions decline to 3.5 million in October

Live Mint  

Motilal Oswal Financial Services reported that the total number of demat accounts in India reached 179 million as of October 2024. Angel One reported a 2.4 per cent MoM growth, reaching 7.5 million clients with a steady market share of 15.4 per cent. Kotak Securities experienced a 2.8 per cent MoM increase, bringing its client count to 1.5 million, maintaining a 3 per cent market share. HDFC Securities saw a 3.2 per cent MoM increase, with its client base reaching 1.3 million and a consistent market share of 2.7 per cent. ADTO declines MoM across F&O and cash segments In terms of average daily turnover, there was a 3.5 per cent MoM decline in October 2024, totalling ₹519.8 trillion.

Options Market Share 2024 Million Decline Cent Bse Total Demat Accounts Mom Increase Options Adto Its Market Share Adto  additions  options  million  decline  market  share  35  2024  reach  mom  increase  179  total  cent  demat  accounts  adto

History of this topic

CDSL share price jumps almost 9% to hit a 52-week high; what should investors do? Experts weigh in
2 weeks, 5 days ago

CDSL share price jumps almost 9% to hit a 52-week high; what should investors do? Experts weigh in

Live Mint  

CDSL share price jumped almost 9 per cent to hit its fresh 52-week high of ₹1,865.40 in morning trade on NSE on Thursday, December 5, in an otherwise weak market. CDSL share price opened at ₹1,740 against its previous close of ₹1,718.60 and jumped as much as 8.5 per cent to the level of ₹1,865.40. Abhishek Pandya, a research analyst …

October sees 4-month low in new Demat account to 3.45 million additions amid market volatility
1 month, 1 week ago

October sees 4-month low in new Demat account to 3.45 million additions amid market volatility

Live Mint  

After a strong four-month period demat account additions for October 2024 saw a decline amid volatility in the Indian stock markets, according to ANI citing an ICICI Securities report. October 2024 Demat Account Additions As per the report, the total number of accounts added in October fell to 3.45 million, down from 4.36 million in September 2024 — breaking a …

109% Returns in 1 Year: Multibagger depository stock sits at 4% upper circuit on bonus share news; Record date fixed
4 months, 2 weeks ago

109% Returns in 1 Year: Multibagger depository stock sits at 4% upper circuit on bonus share news; Record date fixed

Live Mint  

CDSL Bonus Share: Central Depository Services Ltd- India's largest depository services provider regarding active demat accounts, announced on Saturday, August 10, that its board has fixed the record date for its upcoming bonus issue as August 24, 2024. In July, the depository services provider announced that it would issue one bonus share for every one share held. CDSL Bonus Share …

Groww dethrones Zerodha as India's largest stockbroker with 66.3 lakh clients
1 year, 2 months ago

Groww dethrones Zerodha as India's largest stockbroker with 66.3 lakh clients

Hindustan Times  

Groww has overtaken Zerodha to become India's largest stockbroker with a substantial 66.3 lakh active clients, surpassing Zerodha's 64.8 lakh, as per NSE data. In March 2021, Zerodha had 34 lakh active customers while Groww had only 7.8 lakh, as per a report by Moneycontrol. Nithin Kamath's online stock broking platform, disclosed a 39 per cent increase in profit after …

Demat accounts rise 34% in December on attractive returns from equity markets
1 year, 11 months ago

Demat accounts rise 34% in December on attractive returns from equity markets

Live Mint  

Demat accounts saw a surge in popularity last month, led by attractive returns from the equity markets, ease of account opening process and increased financial savings. The number of demat accounts rose to 10.8 crore last month - a surge of 34% on yearly basis. But while the number of demat accounts in the country continues to rise - albeit …

As Demat Accounts in India Breach 100-mn Mark, Here's Why Mutual Funds Are A Rookie Investor's Best Friend
2 years, 3 months ago

As Demat Accounts in India Breach 100-mn Mark, Here's Why Mutual Funds Are A Rookie Investor's Best Friend

News 18  

The number of Demat accounts in India reached a staggering 100.5 million in August 2022, breaching the 100 million mark, as per data from prominent depositories NSDL and CDSL. While February saw the highest opening figures this year, 2.9 million new accounts, it was followed by 2.7 million in May, 2.4 million in April, and 2.2 million last month. Money …

Demat account count tops 10 crore
2 years, 3 months ago

Demat account count tops 10 crore

Deccan Chronicle  

MUMBAI: The number of demat accounts in the country crossed the 100-million mark on August 31, 2022, showing the equity culture is slowly but steadily picking up in India, especially in tier 2 and tier 3 cities. The initial public offering of Life Insurance Corporation, which opened on May 4, led to many first time investors opening their demat accounts …

Demat Accounts In India Cross 10 Crore; Here's Why Investor Participation Is Rising In Equity Markets
2 years, 3 months ago

Demat Accounts In India Cross 10 Crore; Here's Why Investor Participation Is Rising In Equity Markets

News 18  

In an indication of rising retail interest in the Indian equity market, the total demat accounts in the country touched 100.5 million in August, crossing the 100 million-mark for the first time ever. According to the latest data from depository firms National Securities Depository Ltd and Central Depository Services Ltd, the total number of demat accounts in India stood at …

Discover Related