Will volatility weigh on new demat accounts?
The number of active demat accounts with CDSL has crossed 50 million. NSDL handles nearly 25 million accounts, taking the total demat account count in the country close to the 75-million mark. The number of new demat accounts have soared by a record 25 million this year, signalling the entry of a lot of first-time investors into the market. The latest bout of selling in the market is the first meaningful correction many of these new investors would be witnessing. Market watchers say it will be interesting to see if the pace of addition