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What is Anand Rathi Demat account and Why do I need it for trading?

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Are you a day trader?

A Demat account is like your bank account that is used to hold securities like shares, Mutual Funds etc. It is an online repository.

You need a Demat account for trading. When you buy shares, the shares are held in this Demat account. It is debited from the account when you sell it.

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