Home Business 10 thousand BO accounts are empty in the stock market in 4 days

10 thousand BO accounts are empty in the stock market in 4 days

by endroar

According to CDBL data, the maximum number of investors sold all their holdings on Sunday, the first working day of last week. All shares of 5452 BO account were sold on that day. A BO ​​account is generally considered an investor in the stock market. Although an investor can have multiple BO accounts in single and joint names.

Meanwhile, new investors are not coming in at the rate at which investors are becoming inactive in the market by selling all their shares. According to CDBL, while nearly 10,000 BO accounts were emptied last week, only 1,700 new accounts were opened. The number of BO accounts holding shares decreased to 13 lakh 59 thousand 695 at the end of last week, which was 13 lakh 69 thousand 240 at the end of the previous week or on March 21.

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