Newsletter
New demat account openings have steadily fallen in 2025, hitting a 12-month low in April.
From a peak of 45.5 lakh in July 2024, the number has slid to just 20.1 lakh. Market volatility, tighter F&O norms, and softer retail sentiment are cooling investor enthusiasm.
Average daily turnover has also declined, signaling lower trading intensity.
After two years of breakneck growth, retail participation seems to be taking a breather.
