It was in 1997, when Indian markets switched over to Demat accounts. Before that stocks and shares used to be exchanged via physical receipts called certificates, which involves lengthy paperwork and takes up a lot of time.
A demat account is extremely useful when it comes to trading in the stock market
Millions of Indian investors wish to make their investments in the stock market.
The Indian stock market is ever-growing as the economy of India grows in a positive direction.
There may be a time when you feel you want to edit the details on your demat account.
Stock market trading is an important place for each trader.
Without a demat account, it is almost impossible to trade in the stock market.
As we know the concept of the Demat account is similar to the bank saving accounts.
According to SEBI, the new SEBI issued guidelines for the regulation of demat accounts.
Demat account is a vital aspect to participate in the stock market.
As we know that an individual can open multiple demat accounts.
Before making any investment decision, it is essential to know about demat accounts and their types.