Key Points
However, it's crucial to understand that opening a demat account serves as the initial step before entering the stock market...
Understanding what a demat account is serves as a fundamental prerequisite to grasping its functionality..
Demat accounts are primarily utilised for investing in shares and securities electronically, enhancing accessibility for account holders by eliminating the need for physical share certificates...
Since the inception of demat accounts, investors and traders have experienced significant benefits, including reduced clearing times, mitigation of fraud cases, decreased brokerage rates, and a notable surge in trading volume, particularly in the equity market...
Read here: 5 hidden strategies to level up your equity trading as a beginnerKey questions answeredCan one person open more than one demat account?..
