I NEED IT FOR PROJECT . keep it at tiniest 6 lines
Answers: Demat refers to a dematerialised account.
Just as you own to open an narrative with a dune if you want to save your money, generate cheque payments etc, you need to accessible a demat account if you want to buy or go stocks.
So it is just approaching a bank explanation where actual money is replaced by shares.
You own to approach the DPs (remember, they are like guard branches), to open your demat details.
Let's say your portfolio of shares looks close to this: 40 of Infosys, 25 of Wipro, 45 of HLL and 100 of ACC.
All these will show in your demat reason.
So you don't have to possess any physical certificate showing that you own these shares. They are all held electronically within your account.
As you buy and put on the market the shares, they are adjusted contained by your account.
Just approaching a bank passbook or statement, the DP will provide you next to periodic statements of holdings and transactions.
Is a demat reason a must?
Nowadays, practically all trades enjoy to be settled in dematerialised form.
Although the open market regulator, the Securities and Exchange Board of India (SEBI), has allowed trades of upto 500 shares to be settled surrounded by physical form, nobody wants physical shares any more.
So a demat report is a must for trading and investing.
Demat stands for dematerialization. In the current era of information and technological advancement even the trading of securities can be done through Demat Account. This tale is for buying, holding and selling of securities in electronic form a bit than physical shares. It also help within trading of odd lot shares. Your press is not clear.
Demat as I understand is a method of keeping your securities or commodities surrounded by a non physical form.
In demat delivery cart place by giving an instuction to custodian to transfer the produce
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Answers: Demat refers to a dematerialised account.
Just as you own to open an narrative with a dune if you want to save your money, generate cheque payments etc, you need to accessible a demat account if you want to buy or go stocks.
So it is just approaching a bank explanation where actual money is replaced by shares.
You own to approach the DPs (remember, they are like guard branches), to open your demat details.
Let's say your portfolio of shares looks close to this: 40 of Infosys, 25 of Wipro, 45 of HLL and 100 of ACC.
All these will show in your demat reason.
So you don't have to possess any physical certificate showing that you own these shares. They are all held electronically within your account.
As you buy and put on the market the shares, they are adjusted contained by your account.
Just approaching a bank passbook or statement, the DP will provide you next to periodic statements of holdings and transactions.
Is a demat reason a must?
Nowadays, practically all trades enjoy to be settled in dematerialised form.
Although the open market regulator, the Securities and Exchange Board of India (SEBI), has allowed trades of upto 500 shares to be settled surrounded by physical form, nobody wants physical shares any more.
So a demat report is a must for trading and investing.
Demat stands for dematerialization. In the current era of information and technological advancement even the trading of securities can be done through Demat Account. This tale is for buying, holding and selling of securities in electronic form a bit than physical shares. It also help within trading of odd lot shares. Your press is not clear.
Demat as I understand is a method of keeping your securities or commodities surrounded by a non physical form.
In demat delivery cart place by giving an instuction to custodian to transfer the produce
Resolved Questions: