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Demat tally surges to 185 million in 2024 with 46 million new additions

Business Standard LogoBusiness Standard1d ago

Demat tally surges to 185 million in 2024 with 46 million new additions - Business Standard

Quick Summary:

Demat accounts are used to hold shares and other securities electronically.

Going forward, the pace of new additions will hinge on market performance,” said a senior brokerage executive who requested anonymity.

The new additions represented a 33 per cent increase from the previous year, taking the total tally to 185.3 million.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 17:35:22 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 341 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24974570

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 315 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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