Open AccessDematerialisation of Securities in Indian Capital Market; A Paradigm Shift through Depository System
Author(s) -
V Shacheendran
Publication year - 2020
Publication title -
shanlax international journal of commerce/shanlax international journal of commerce
Language(s) - English
Resource type - Journals
eISSN - 2582-0729
pISSN - 2320-4168
DOI - 10.34293/commerce.v8i3.3264
Subject(s) - dematerialization (economics) , stock exchange , sophistication , business , capital market , security market , settlement (finance) , financial system , commerce , finance , economics , social science , sociology , payment , microeconomics
Dematerialization has initiated a new trend in securities trading and settlement. Indian capital market has embraced technological sophistication by permitting electronic trading in securities. Depositors Act, 1996 has facilitated the setting up of depositories and dematerialization of securities. This paper attempts to evaluate the progress of dematerialization in India. For the study, data has been used that of the National Stock Exchange of India Ltd. (NSE), the largest stock exchange in India.