Features And Advantages Of Opening A Demat Account
Retail investors are continuously getting tempted to stock trading these days. Stats based on the SBI report show that the number of retail participants has been more than 44.7 lakh between April to June 2021. As per data from NSE, retail participation has moved up from 39% since Mar '20 to 45% in 2021.
Primary reasons behind such surge include:
Reduced interest rates on money market savings instruments.
Increased liquidity in the market with the significant FII inflows in FY21, valued at $36.18 billion.
Easy to access the stock market through an online Demat account along with a trading account.
Increased market cap in the Indian stock market. The NSE market cap is US$ 3.1 trillion as of May 2021.
A demat account enables you to stock trading and takes advantage of opportunities in the stock market without any paperwork. Without a demat account and trading account, you can not make any trading transaction on the stock exchange that has adopted the complete online trading system. Here is the blog giving details on the demat account and its benefits.
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