Demat accounts up by 41% in October, incremental additions dropping: Report1 min read . Updated: 20 Nov 2022, 12:10 PM IST
The analysis by Motilal Oswal Financial Services also stated the primary reason for the declining trend in additions of new demat accounts.
The number of demat accounts rose to 10.4 crores in October, around 41% higher than last year. However, the additions dropped to 18 lakh this October as compared to the same time period last year, according to an analysis by Motilal Oswal Financial Services.
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