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This article delves into the intricacies of the dematerialization mandate issued by the MCA by the Amended PAS Rules, outlined in a Notification dated October 27, 2023, as applicable to wholly owned subsidiaries (WOS).
The number of new Demat account openings is directly proportional to the surge in stock prices. Typically, a bull market attracts more number of new investors and whenever the market hits a rough patch the number of active traders and investors also tends to decrease.
A young population and a low demat penetration offer tremendous headroom for growth for Indian broking firms. As the countrys working population expands and household savings continue to grow, financial markets are expected to see greater participation. To tap this, digital-first players have already started targeting tier-II and tier-III cities.
Market participants said retail investors making delivery-based trades stand to benefit if the proposal in the regulator’s consultation paper makes it to the final stage, since they will receive proceeds instantaneously.
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