In a duopolistic market structure, NSDL is well poised to benefit as capital markets grow in scale and depth
The duopolistic market structure with entry barriers and an asset-light business model will continue to aid growth of free cash flows
In March, 2.04 million new accounts were opened—the lowest growth since April 2023—compared to 3.03 million in February.
Experts said the decline in new demat account openings was also driven by reduced activity in the derivatives market following stricter regulations introduced by Sebi to curb excessive F&O activity.
In January, 2.83 million new demat accounts were opened, compared to 3.26 million a month earlier.
On an overall basis, a total of 185.3 million demat accounts were registered with NSDL and CDSL as on December end, up from 182.05 million the previous month.
You can transfer shares between demat accounts either online or manually, depending on your preference and the depositories involved. The online method, using platforms like CDSL's Easiest or NSDL's Speed-e, is quick and convenient. Alternatively, the manual method involves filling out a Delivery Instruction Slip (DIS), which is submitted to your broker for processing. Both methods are secure, though online transfers are faster.
A total of 42.3 lakh new demat accounts were opened in August, pushing the total to 17.11 crore. Data from depositories showed that the addition was marginally lower on MoM basis, but was significantly higher compared to last year.
According to data from the Central Depository Service and National Securities Depository, the number of demat accounts opened in June totalled over 42.4 lakh, marking the highest account opening rate since February 2024, compared to 36 lakh additions a month ago and 23.6 lakh a year ago.
A breach of these instructions will be treated as gross misconduct and punished, the bank has said in an internal circular.
the number of Rs 1-trillion mcap stocks has increased to 80 from 48 last fiscal year, accompanied by a significant rise in coverage by sell-side analysts, with 250 stocks now covered by at least 10 analysts
the number of demat accounts opened in December totalled over 41.78 lakh, compared to 27.81 lakh a month ago and 21 lakh a year ago. The total demat tally crossed 13.93 crore, up 3.1 percent from a month ago and 28.66 percent from a year ago
Central Depository Services (India) Ltd, or CDSL, began operations in 1999 and facilitates holding and transacting in securities in the electronic form and settlement of trades on stock exchanges.
September marked the highest number of IPOs in 13 years, with 14 companies going public, the most since September 2010, with a cumulative collection of around Rs 11,800 crore, the highest since May 2022, when eight issues raised Rs 29,511 crore
The deadline has been extended to December 31, 2023 from September 30.
A total of 12.7 crore demat accounts were registered with the two depositories -- NSDL and CDSL-- at the end of August 2023 as compared to 10.1 crore a year earlier.
About 31 lakh new demat accounts were opened last month compared to 29.7 lakh additions a month ago and 21 lakh a year ago.
In July, around 30 lakh new demat accounts were opened with two depositories, CDSL and NSDL, about 50 percent more than the previous 12-month average of 20 lakh.
This move into the wealth tech sector comes at a time when the retail investor base has been growing rapidly.
In the Telegram channel, the trio represented themselves as 4 Research analysts with a combined experience of 40 years, who are in the "process of getting SEBI Research Analyst Registration".
Unstable market conditions, lower returns from mid-cap and small-cap stocks, stringent margin system and layoff in IT companies and startups among reasons. This is for the first time since FY14 there is a decrease in the net addition of demat accounts.
As per the data, the number of demat accounts rose to 10.8 crores in December 2022 from 8.1 crores in December 2021, registering a growth of 34 per cent.
During April-November 2022, only 21.4 lakh new accounts were added against 27.6 lakh in the year-ago period
In its notice, Sebi asked all banks, depositories and mutual funds not to allow any debit from accounts of Sahara India Real Estate Corp, Subrata Roy, Ashok Roy Choudhary, Dubey and Bharrgava. However, credits have been permitted.
Right before the coronavirus pandemic began in India in March 2020, there were 4.09 crore demat accounts