Average 13 Lakh new Demat accounts added every month since April 2020

12:00:00 AM, Monday 7th of June 2021 | in business

Amid near-record rally in the equity markets during the pandemic-ravaged FY21, brokerages have added on an average 13 lakh new demat accounts every month since April last year, taking the overall retail investor headcount to record 6.97 crore as of May 31 this year, according to BSE data. After the bloody March 2020, the market was on a song from June.