weather_iconAshburn | 8.27 °C | AQI 9
Friday, 14 February, 2025

---Advertisement---

Business

Having a demat account? Here are 3 reasons why you should!

Demat Account: A demat account is essential if you want to invest in the stock market. Unlike bank accounts where customers are not required to maintain a minimum balance. Let’s know what is demat account and what are its benefits. A Demat account is a basic requirement to start investing in the stock market. The […]

Demat Account: A demat account is essential if you want to invest in the stock market. Unlike bank accounts where customers are not required to maintain a minimum balance. Let’s know what is demat account and what are its benefits.

A Demat account is a basic requirement to start investing in the stock market. The account allows individual investors to trade while keeping their investments safe. It operates electronically through which investors can manage their investments (shares, mutual funds, and bonds) directly over the Internet.

---Advertisement---

Demat account has many advantages. Firstly, through this, investors get the benefits of investing in the stock market. This account allows investors to invest in various investment opportunities such as shares, mutual funds, bonds, etc. All the above benefits are available through stock brokers. Investors also get an opportunity to track the latest stock market trends and market updates with the help of demat accounts.

Another advantage is that investors do not have to buy or sell actual shares through a demat account. Instead, investors can buy and sell shares directly from their demat account. It is more secure and convenient for investors as they do not need documents in the process of buying and selling investments.

---Advertisement---

The third advantage is the use of a Demat account based on book entries, which helps investors track the number, price, and timing of transactions. Also, investors get access to account information, real-time monitoring of investments, and many other benefits through the Internet.

Also Read: G20 Meet: Ashwini Vaishnaw hails PM Modi’s mantra of ‘democratisation of technology’

HISTORY

Written By

Aditya Singh


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story

Live News

---Advertisement---


live

PM Modi In US LIVE Updates: Prime Minister Holds Bilateral Meeting With US NSA Michael Waltz

Feb 13, 2025
PM Modi
  • 21:58 (IST) 13 Feb 2025

    Prime Minister Holds Bilateral Meeting With US NSA Michael Waltz

N24 Shorts Logo

SHORTS

Shreyas Iyer scored 78 runs against England in the 3rd ODI
Sports

Why No. 4 Is The Perfect Spot For Shreyas Iyer In The Indian Line-Up? See Report

India managed to clinch the 3 match ODI series comfortably against England with the last match winning by a marginal gap of the 142 runs.

View All Shorts

---Advertisement---

Trending