Is Surge In Demat Accounts Linked To IPO Boom? Here’s What You Need To Know | Paisa Live
ABP News Bureau
Updated at:
09 Sep 2024 06:01 PM (IST)
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View In AppRetail investors are flocking to the stock market, contributing to a notable increase in the number of demat accounts. Recent data reveals a significant surge in demat account openings. In August alone, over 4 million new demat accounts were opened across the country. This rise in demat accounts reflects the growing interest in investing, driven by the booming IPO market and increasing retail participation. The trend highlights a shift in investor behavior, with more individuals taking advantage of opportunities in the equity market. As the market continues to attract new investors, the expansion of demat accounts underscores the evolving landscape of investment in India.