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A demat account is an Indian term for a dematerialized account that holds financial securities (equity or debt) digitally for traded shares in the share market. In India, demat accounts are maintained by two depository organizations: the National Securities Depository Limited and the Central Depository Services Limited .
NSDL demat accountholders are present in more than 99% of pin codes in India and 189 countries across the globe. [citation needed] It contributes to majority of the settlement in the Indian securities markets and has more than 89% share in the total value of assets held in demat form in India. [citation needed]
CDSL is the largest depository in India in terms of number of demat accounts opened. In February, CDSL became the first depository in India to open 60 million active demat accounts. [4] As of March 2022, the depository holds assets worth ₹ 37.2 trillion, [5] with over 580 depository participants associated with CDSL. [6]
Investors are focused on the potential extension of the stock market's bull rally heading into 2025. Wall Street experts highlighted the most important stock market charts to watch into next year.
VTLS Inc. was the offspring of a project launched in 1974 at Virginia Polytechnic Institute and State University's (Virginia Tech’s) Newman Library, a member of the Association of Research Libraries with more than 2 million cataloged volumes. Having explored available library automation alternatives and having found no system suitable for the ...
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A North Carolina father is facing criminal charges after authorities allege he left his child isolated in a room with a space heater for more than 12 hours, leading to his death.
Reckon Limited was founded by Greg Wilkinson in 1987, who was its chief executive officer until 2006. [5] Funded initially with the $2,000 dollar credit limit on a friend's credit card, Greg Wilkinson started republishing and distributing Quicken & QuickBooks software products in Australia under a licensing agreement with Intuit. [6]