A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind.
A demat account (short for “dematerialized account”) is an account to hold financial securities (equity or debt) in electronic form. In India, demat accounts are maintained by two depository organisations, National Securities Depository Limited and Central Depository Services Limited. A depository participant, such as a bank, acts as an intermediary between the investor and the depository.
The demat account number is quoted for all transactions to enable electronic settlements of trades to take place. Access to the dematerialized account requires an internet password and a transaction password. Transfers or purchases of securities can then be initiated. Purchases and sales of securities on the dematerialized account are automatically made once transactions are confirmed and completed.
Opening a demat account requires providing documents that fulfill the requirements of KYC (Know Your Customer)
Following are the Best Demat Accounts in India
Upstox Demat provides you a simple and smart way to start investing in stocks, mutual funds, IPOs & much more.
Features;
▪️Zero account opening charges ? Easy, fast & simple interface
▪️₹1000 brokerage credit valid for 30 days
▪️Up to ₹20/order on Equity, F&O, Commodity and Currency
▪️₹0 brokerage* on Mutual Fund and IPOs
▪️100+ charts with 250+ indicators
ICICI Direct is the largest retail broker and financial product distributor in the country trusted by over 50+lac customers with over 2 decades of service having 170+ branches across India.
ICICI Direct has revolutionized the world of online investing. This online share trading platform offers a trading account for seamless and hassle free electronic trading. ICICIdirect offers more than 50 products and services like Equity, Mutual Funds, Derivatives, Futures and Options Currency, Commodity, ETF, Insurance, IPOs, Corporate Fixed Deposits, Loans, NPS, Wealth Management, Corporate Services, NRI Services, Portfolio Management Services, Global Investment, Financial Learning, Tax Services etc. under one roof to help you to achieve your investment goals.
Choice is one-stop shop for investment. Easy access of your investments, anytime and anywhere. Saves time and super convenient
Features;
▪️Open paperless free demat account
▪️Low brokerage charges*
▪️Free research advisory
HDFC SECURITIES is the best online trading platform for Stocks, IPO’s , Mutual Fund in India. Open your Trading and Demat Account in 5 Minutes.
▪️Easy, Fast and Simple Interface
▪️All in 1 Investment Account
▪️Low Brokerage Plans
▪️Trade on Mobile +Browser
▪️Trust and Transparency
Leesom 