In the current financial year so far, the average monthly demat accounts have stood at 3.4 million.
Central Depository Services Limited (CDSL) continued to gain market share in terms of total number of demat accounts in June, Motilal Oswal Financial Services reported.
The report noted that on year-on-year basis, National Securities Depository Limited (NSDL) has lost 420 bp/620 bp market share in total/incremental demat accounts.
The number of active clients on the National Stock Exchange (NSE) rose 3.1 per cent (month on month) to 44.2 million in June.
Currently, the share of the top five discount brokers in total NSE active clients stands at 64.4 per cent, compared to 58.2 per cent in June 2022.
Online brokerage Zerodha reported a 2.1 per cent growth in its customer base to 7.7 million (month on month), with a 20 basis point (bp) decline in market share to 17.3 per cent.
Growo reported a 5.4 per cent increase in its subscriber base to 10.9 million, with market share rising by 55 bp to 24.7 per cent. The report said that Angel One has registered a growth of 3.4 percent.
Central Depository Services Limited (CDSL) continued to gain market share in terms of total number of demat accounts in June, Motilal Oswal Financial Services reported.
The report noted that on year-on-year basis, National Securities Depository Limited (NSDL) has lost 420 bp/620 bp market share in total/incremental demat accounts.
The number of active clients on the National Stock Exchange (NSE) rose 3.1 per cent (month on month) to 44.2 million in June.
Currently, the share of the top five discount brokers in total NSE active clients stands at 64.4 per cent, compared to 58.2 per cent in June 2022.
Online brokerage Zerodha reported a 2.1 per cent growth in its customer base to 7.7 million (month on month), with a 20 basis point (bp) decline in market share to 17.3 per cent.
Growo reported a 5.4 per cent increase in its subscriber base to 10.9 million, with market share rising by 55 bp to 24.7 per cent. The report said that Angel One has registered a growth of 3.4 percent.
