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Demand for demat accounts hit in choppy market conditions

PUBLISHED ON: July 4, 2008 | Duration: 2 min, 01 sec

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The markets have been choppy and the economy is shaky. That is leaving retail investors a little spooked. This has clearly affected the number of demat accounts being opened. A demat account is a must for trading in shares. Last year, on an average three lakh accounts were opened every month. It is down to just 2 lakhs this year.
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