Page 3 - Demat Accounts

Transfer pay-outs to client's demat account within a day, says Sebi

Regulator issues fresh guidelines for unpaid securities

1.77 million new Demat accounts added in Oct, second-lowest this year

Not just the demat account tally fell in October, trading activity too softened

At 6.1 mn, pace of demat account additions slowest in 10 quarters in Q2FY23

Market observers say brokerages have become less aggressive chasing clients, given the high cost of acquisitions and growing inactivity among retail investors

Trading volumes soar as demat tally surpasses 102.5 million accounts

Cash market turnover up 41% from June lows; derivatives logs fresh all-time high

Top Headlines: Roadmap to advance economy, 100 mn demat accounts, and more

The country's demat account tally topped the 100 million-mark for the first time, in August. Over 2.2 million new accounts were opened last month

New milestone: Demat accounts surpass 100 million for the first time

The tally was less than 41 million before Covid-19 pandemic

Sebi moves to safeguard demat accounts through block mechanism

Sebi, in a circular on Friday, said that the decision was taken "considering the benefits of block mechanism"

Markets up, but demat openings moderate in July in continuing trend

1.8 mn new accounts added last month, compared to 2.7 million during first half of this year

Sebi orders attachment of bank, demat accounts in Ramkrishna Electro case

The recovery proceedings have been ordered against Chandrakant Bhargav Gole to recover Rs 5.74 crore collected by the company

Top Headlines: Demat account openings in June, PSB privatisation, and more

The Centre should privatise all PSBs, except the State Bank of India, a report by NCAER said. Read more on these in our top headlines

At 1.79 million, demat accounts opened in June fewest since Feb 2021

The total demat count now stands at 96.5 million, with 16 million new accounts getting added during the first half of 2022 - higher than 12.4 million added in the first half of 2021

Sebi extends last date for implementation of new pledging system to Sept 1

Earlier deadline was July 1; Move follows request by depository firms tasked with readying the backend for the new system for extension as the "changes to the systems are still under process"

Demat a/cs maintained by stock brokers need to be tagged by June-end: Sebi

Credit of securities will not be allowed in any demat account left untagged from July 1 onwards. However, credits on account of corporate actions will be permitted, the Sebi said in a circular.

LIC's mega Rs 21,000-cr IPO does little to lift demat tally in May

The pace was down by almost 750,000 when compared to January when over 3.4 mn new accounts got added

Angel One demat customers cross 10 mn; base doubles in over 12 months

On an annualised basis, the gross addition grew by 108.7 per cent in the 12 months ending May 2022, the city-based securities firm said in a statement on Monday

After FII, will retail investor flows into equity market also shrink?

Over past decade, strong retail flows have coincided with declining / low deposit rates, said analysts at Jefferies, who expect the deposit rates to go above the 7 per cent level with a lag

LIC IPO: 12 million policyholders have demat accounts, says report

The LIC has set a price band of Rs 902-Rs 949 per equity share. The government intends to raise Rs 21,000 crore through the issue

Demat account tally jumps 63% to 89.7 million in FY22, shows data

Experts say, however, that pace of additions may moderate going ahead

CDSL becomes 1st depository with 60 million active demat accounts

Central Depository Services (India) on Tuesday said it now has more than six crore plus (60 million) active demat accounts.

Street signs: CSK shares trade between Rs 180-200, Lata sends Didi buzzing

Last week, a mutual fund house invited bids for selling 100,000 shares.