demat account wikipedia
A Demat account, short for dematerialized account, is an essential digital account for holding securities such as shares, bonds, and mutual fund units in an electronic format, replacing the traditional physical share certificates. This crucial facility streamlines the process of share trading in the stock market, ensuring transactions are executed efficiently and securely. Opening a Demat account through a depository participant is mandatory for anyone looking to invest in publicly traded companies, making it a cornerstone of modern stock market investment.