Surge in Demat Accounts: Bright Perspective for Indian Economy

Abstract

A Stock market, Equity market or Share market is the aggregation of buyers and sellers of stocks (also called shares) which represent ownership claims on businesses. A Demat Account is opened by an investor with a Depository Participant to invest in securities such as stocks (shares) & bonds. The securities are held in Digital format. Data trends show that after the pandemic, younger or millennial investors in India have started opening demat accounts to start trading, in sync with the global trend. Easy availability of smart phones, use of superior technology, increasing internet speed and access to analyst information, all these factors are facilitating easy access to stock market.