Stock market: Forgotten premise

Demat may be a boon for traders, but for small investors it’s expensive

Paperless trading and dematerialised trading are undoubtedly a boon for secondary market traders, because it ensures clean and efficient transfer and delivery of shares. However, in the 15 years since the National Securities Depository Ltd (NSDL) was set up, we seem to have lost track of some basic issues raised by...

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