While the DSEX index saw a gain of approximately 255 points over the last two weeks across 9 working days, it experienced a 112-point drop in the remaining four days till 9th May. During this period, shares of 70 companies surged by 10 to 60 percent, with 22 recording increases of over 20%. Data from the Central Depository Institution CDBL indicates that while 16,285 new BO accounts were opened in 2024 till May 9, investors sold all shares from 11,249 accounts.
Additionally, the number of accounts holding shares decreased from 1,404,292 to 1,337,455, marking a decline of 66,837 accounts. This trend suggests a limited influx of new investors into the market, reflected in the increased number of accounts without shares, which rose from 296,664 to 374,750 between December and May.
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