In December 2023, 4.2 million demat accounts were opened. What impact can this have on investment growth?
In December 2023, the Indian stock market experienced a significant burst in investments, with a massive 4.2 million new demat accounts being opened. According to several experts, this surging interest in equities is likely due to increased financial literacy, digitisation, user-friendly trading platforms and the FOMO factor. The growing number of demat accounts may foretell … Read more