New Delhi. To invest in the stock market, it is necessary to have a Demat Account. The number of retail investors in the stock market is constantly increasing and this is the reason why the number of Demat accounts is also increasing. The latest data on the number of Demat accounts has come out. In the month of September, the number of Demat accounts increased to 17.5 crores, which was 17.1 crores in August.

The number of active clients on the National Stock Exchange (NSE) increased by 2.4 percent (every month) to 4.79 crores in September. According to a report by Motilal Oswal Financial Services, the number of new accounts increased by 44 lakh in September, while the average monthly increase so far in the current financial year has been 40 lakhs.

Top discount brokers have a 64.5 percent share.
Currently, the top-5 discount brokers have a 64.5 percent share of total active clients of NSE, whereas this figure was 61.9 percent in the same month last year. Central Depository Services Limited (CDSL) continued to gain market share in a total number of demat accounts. According to the report, on an annual basis, National Securities Depository Limited (NSDL) lost 90 basis points out of 410 basis points market share in total/incremental demat accounts.

Groww's client base increased to 1.23 crore.
Online brokerage Zerodha has registered a growth of 1.1 percent in its client base every month, which has now increased to 80 lakh, while the market share has declined by 20 basis points to 16.6 percent. Groww has registered a growth of 3.1 percent in its client base, which has now increased to 1.23 crore, while the market share has increased by 15 basis points to 25.6 percent.

Angel One's customer base increased by 3.1%
Angel One reported that its customer base grew by 3.1% to 7.4 million and its market share grew by 10 basis points to 15.4%. The report said that Upstox registered a 1.5% monthly growth in its customer base to 2.8 million now, while its market share declined by 5 basis points to 5.9%. ICICI Securities reported its customer base at 1.9 million while its market share declined by 10 basis points to 4.2%.