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Depository Service
The Indian capital market went through a major transformation with the introduction of the depository system which replaced the paper-based settlement of trades. The depository system is one in which securities are held electronically and transactions are processed by book entry. In the depository system, securities are held in depository accounts similar to bank accounts. The depository system links the issuers, the depository, the depository participants (DPs), and clearing houses of stock exchanges, facilitates holding of securities in dematerialised form and effects transfers by means of account transfers. This method does away with all the risks and hassles normally associated with paperwork and also lower the cost of transactions.
 
99 per cent of trading of shares in India has been dematerialised. Around 7383 companies along with a host of debt instruments and commercial; papers are available for Demat.
Market News
NSE
SEBI Regi:-INB/F231284739
BSE
SEBI Regi:-INB/F011284735
MCXSX
SEBI Regi:-INE261284739
USE
SEBI Regi:-INE271284734
MCX
FMC Unique Member Code:MCX/TCM/CORP/0837
NCDEX
FMC Unique Member Code:NCDEX/TCM/CORP/0735
CDSL
SEBI Registration No.:IN-DP-CDSL-644-2011

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