Having a demat account is the basic requirement to transact in the Indian financial market. A demat account holds your shares and securities in an electronic format. Prior to 1996, shares and securities were held in the form of physical share certificates. Back then, it involved various issues like problems of fake and forged shares, bad deliveries, loss of share certificate and entire process of trading and investing wasvery lengthy. Introduction of demat account helped overcome these issues and made trading and investing an easy task.
Is it Legal to Open Multiple Demat Accounts?
Yes, it is legal to open multiple demat accounts. As per the law, there are no restrictions regarding the number of demat accounts that can be opened by you. However, while opening multiple demat accounts, there are a few things that you must know.
Things to Keep In Mind While Opening Multiple Demat Accounts
What Is IPO And How To Invest In IPO In India
The Indian stock market presents numerous opportunities for investors and traders to make money. With the right trading or investment strategy, you can create good wealth for yourself. Intraday trading and long term investment are the most common investment activities followed by traders and investors. These activities are carried out in the secondary market. When it comes to the primary market, you can invest in the stock market through Initial Public Offering (IPO). In this article, you will learn all the details about the IPO.Best Trading Mobile Application In India
Indira Securities is one of the reputed brokers in India. TradeInsta i.e. our mobile trading application is one of the best in the market. Our application facilitates smooth and hassle-free trading and investing experience. Below are some of the features of the mobile application that makes it appealing for our clients.