The number of new Demat account openings is directly proportional to the surge in stock prices. Typically, a bull market attracts more number of new investors and whenever the market hits a rough patch the number of active traders and investors also tends to decrease.
Stocks to buy: LIC, M&M and Grasim on investors’ radar
Sensex and Nifty declined amid caution ahead of the RBI’s monetary policy announcement and foreign fund outflows. Analyst Kushal Gandhi advises against purchasing LIC and