According to domestic brokerage house Motilal Oswal Financial Services, the total number of demat accounts jumped to 15.1 crores in March 2024, with new account additions surging to 31 lakhs in the previous month.
In FY24, FPIs invested heavily in capital goods, consumer services, and automobiles in India. Sectors like telecom, healthcare, and financial services also saw significant inflows, while metal & mining, oil & gas, media, and chemicals faced heavy selling.
This shift to digitisation is supported by four insurance repositories: CAMS, Karvy, NSDL Database Management (NDML), and the Central Insurance Repository of India.
India Business News: Foreign institutional investors (FII) recorded a new high of Rs 4.06 lakh crore ($49 billion) in gross purchases in March, marking the first time they
Madhabi Puri Buch says SEBI is streamlining the use of technology and processes to make sure that whenever there is an opportunity to raise capital from the market, there is never any reason for a delay from their end