Demat: 23 Lakhs Account Opened In June

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Demat: 23 Lakhs Account Opened In June

Retail investors are becoming more interested in the stock market. In June of the previous year, more than 23.6 lakh Demat accounts were established. After May 2022, this figure is the highest. Then, almost 23 lakh new accounts were created. Currently, the nation has 12.051 crore Demat accounts. This figure is 24.41% higher than one year ago and 2% higher than it was in May.

The involvement of individual investors in six of the top eight businesses on the stock market with the biggest market capitalization had somewhat reduced in the previous year. developed in two businesses. The recent all-time highs of the Sensex and Nifty as well as the introduction of several new initial public offerings (IPOs) have intensified the tendency of retail investors into the market. The next months might see a further rise in this number.

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