Freeze top management’s demat accounts for non-compliance, says Sebi

Regulations currently require freezing of demat accounts of only the promoters in case of non-compliance or non-payment of fines.

Participation of retail investors in equity market falls to 34-month low: Report

The daily market average volumes of non-institutional investors, mainly retail investors and high-net-worth individuals, stood at  <span class='webrupee'>₹</span>22,829 crore in January 2023, the lowest since March 2020 and 61% below the peak of  <span class='webrupee'>₹</span>58,409 crore in February 2021.

Demat additions in Jan hit a six-month high to take total past 11 cr: Report

In the previous calendar year, the highest demat account additions was seen in January with 34 lakh new demat account opening. February and March each saw 28 lakh demat accounts additions.

How much money do Demat accounts in India hold

The number of demat accounts rose by a marginal 2.1 million to 108 million in December 2022, compared to 1.8 million additions in the previous month, said report.

108 million demat accounts added in Dec 2022

The number of demat accounts rose to 108m in Dec’22. Incremental account additions were at 2.1m in Dec’22 v/s 1.8m in Nov’22. Although the additions were higher than in the past three months, the number continued to be below the FY22 average run-rate of 2.9m.

Demat accounts rise 34% to 10.8 crore in December; Here are key reasons

The number of demat accounts rose to 10.8 crore in December 2022, a 34% increase from the previous year. This was driven by attractive returns from the equity markets, ease of account opening process, increased financial savings, and growing popularity amongst youths. However, the number of NSE active clients has been falling for six consecutive months due to market volatility. The top five discount brokers account for 59.3% of total NSE active clients.

Sebi orders attachment of bank, demat accounts of Sahara group firm, Subrata Roy, others

<ul><li>In its notice, Sebi asked all banks, depositories and mutual funds not to allow any debit from accounts of Sahara India Real Estate Corp, Subrata Roy, Ashok Roy Choudhary, Dubey and Bharrgava. However, credits have been permitted.</li></ul>

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Freeze top management’s demat accounts for non-compliance, says Sebi

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