The stock market has had a long history since the 12th Century.
A demat account is a basic necessity to trade in the Indian stock market.
Stock market trading is an important place for each trader.
In the stock market, a demat account is a compulsion for trading in the equity segment.
To start with the aims and objectives of the demat account.
As we know the concept of the Demat account is similar to the bank saving accounts.
Demat account is a vital aspect to participate in the stock market.
Without a demat account, it is almost impossible to trade in the stock market.
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.