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The number of Demat accounts in India reached 11 crores in January 2023 from 8.4 crores in January 2022, rising 31%. What’s more, an estimated 60 million Indians, or 4.3% of the total population, had opened over 100 million Demat accounts as of 2022. Wondering what a Demat account is and why it is so
India is home to Asia's oldest stock market, the BSE, and the world's largest derivatives market by number of contracts, the NSE. Yet, only 3% of Indian households actively invest in the stock market. Millennials turned to the financial markets only after the pandemic led to economic uncertainties and made time available for them to learn
Technology stocks started the week on a strong note as Apple’s 4-for-1 stock split came into effect Monday. Gains in Tesla’s shares, which surged around 13% on Monday following the 5-for-1 stock split, also helped the Nasdaq hit another record high on the first trading day of the week. The US Labor Department reported better-than-expected
