Demat account additions fell to 2.89 million in September as the market faced a selloff, according to the information provided.
Account growth slows
The figure highlights a weaker pace of new demat account additions during the month. Demat accounts are used to hold securities electronically, making monthly additions a measure of new account creation.
The decline came amid a market selloff. The available information does not provide the previous month’s addition figure, details of the selloff or a broader breakdown of account activity.
Market context
The September figure links slower demat account additions with a period of market weakness. However, no further data is available on the impact across investors, brokers or trading activity.
Future changes in demat account additions will depend on figures from subsequent months, which were not provided.