![India’s demat tally hits new high, surges to 16.2 cr in June](https://images.assettype.com/fortuneindia%2F2022-08%2Fd4118fa2-a18c-42c0-96e7-78378f699ce4%2FBull_3.jpg?w=300&q=95)
India’s demat tally hits new high, surges to 16.2 cr in June
The addition of new demat accounts jumped to 42 lakh in June 2024 compared to an average monthly addition of 34 lakh so far in FY25.
The addition of new demat accounts jumped to 42 lakh in June 2024 compared to an average monthly addition of 34 lakh so far in FY25.
Wealth creation features high on millennials’ wishlist, and the stock market has emerged as the surest route to fuel their ambitions.
SEBI says the credit of securities will not be allowed in any demat account left untagged from July 01, 2022, onwards.