“Not only have new demat account openings come down, we are at two-year lows in terms of trading volumes on the exchanges. Markets are volatile and the very active intraday traders who trade on Futures and Options, still have opportunities to trade. But investing is down 20-30% for someone like us who added a lot of accounts. On the overall exchange level, those drawdowns are more. We are almost at two to two-and-a-half year lows in terms of equity trading volumes as well.”
