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VERIFIEDET Stocks·positive
Demat account additions hit 7-month high in August as IPO boom draws investors
AI Summary
- ·August saw a seven-month high in new demat account additions, reaching approximately 3.27 million.
- ·The surge in new accounts was driven by robust initial public offering (IPO) activity.
- ·Analysts anticipate further growth, citing upcoming IPOs from Jio and NSE.