Do you know who is called the king of the share market? Actually, there is a stock in the Indian share market whose market cap is more than the market cap of the share market. Just as we keep our money in a bank account, similarly we keep the shares of the company we buy in a demat account. This stock of share market provides us the facility of Demat account. At the same time, this stock has so much strength that it can never sink. Market experts also believe that if this stock sinks, the entire stock market will sink. Let us know who is the king of the share market…
King of stock market
The money invested in the share market goes to only two companies. First CDSL and second NDSL. CDSL Central Depository Services Limited is a stock which allows us to keep the shares in demat account like banks. The market cap of CDSL is more than the market cap of the entire stock market. At the same time, this stock has amazing growth potential. There are lakhs of demat accounts in the share market. Of which CDSL has 80 percent market share. The market cap of the company is also Rs 13,709 crore.
Central Depository Service Limited
Central Depository Services India Limited (CDSL) and National Securities Depository Limited (NSDL) are both government registered share depositories in India. It keeps your shares, debentures, mutual funds in electronic form. Every depository is linked to a stock exchange. Central Depository Securities Limited maintains electronic copies of stocks, ETFs and bonds traded on the Bombay Stock Exchange. Therefore, NSE is where the National Securities Depository Limited operates while BSE is where the Central Depository Securities Limited operates.
How much is one share
The closing price of CDSL during the trading session on Monday was Rs 1,312.90. During this period, it reached a high of Rs 1,326 and a fall of Rs 14 and also reached a low of Rs 1,305. If you buy CDSL shares now, you can get good profits from it in the long term.
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