September demat account additions fall to 2.89 million amid market selloff ↗
September saw a decline in demat account openings, falling to 2.89 million, which is an 11.5% reduction compared to the previous month. Nevertheless, over the September quarter, a record 9.04 million accounts were established. Despite experiencing its most significant monthly losses in five months, the stock market maintained investor interest, supported by robust IPO activity and a steady 135 million unique investors.
2 sources
- The Economic Times Markets · 7 Oct, 05:47 IST
- The Economic Times Stocks · 7 Oct, 05:47 IST
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