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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
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
Experts say, however, that pace of additions may moderate going ahead
Central Depository Services (India) on Tuesday said it now has more than six crore plus (60 million) active demat accounts.
Last week, a mutual fund house invited bids for selling 100,000 shares.
Top brokerages have been opening nearly a million demat accounts since then and almost 75 per cent of them are under-30 investors
Market watchers say it will be interesting to see if the pace of addition continues if the market continues to remain volatile
Cities beyond the top 50 account for 57% of new registrations
Much like illegal dabba trading, the platform itself is the counterparty to trades by the customer
Investors will soon have the option to block securities on their respective demat accounts for sale transactions apart from the existing early pay-in mechanism.
Nithin and his brother expected to earn home a salary of up to Rs 100 crore each for running India's largest stock brokerage firm. Nithin's wife to get same salary package as well.
Axis Securities' customer base to swell from 2.5 mn to over 3.6 mn; IIFL says well poised to service demat customers from Day-1
Markets regulator Sebi has ordered attachment of bank and demat accounts of Sunshine Global Agro and its directors to recover dues
The surge in new account openings has been underpinned by the rally in stocks
Here are some tools that will help you detect a scam from a mile away and avoid touching one even with a 10-foot barge pole
Over 12.5 billion new shares issued in the FPO commenced trading on Monday
Before this, the regulator had eased compliance requirement in this regard in April
If demat holdings are intact, then Karvy's clients have the option to move to another broker. If not, they should complain.
Take broker's help and collect the complete list of documents that need to be submitted
If you miss this deadline set by Sebi, you will not be able to transfer or sell your shares; but getting them dematted isn't rocket science