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DEPOSITORY

NSDL and CDSL are institutions that keep records of all demat holdings.

Published by The Retail Trader · JUL 31, 2026 · Market Basics

Depository — NSDL and CDSL are institutions that keep records of all demat holdings. Your broker is their Depository Participant (DP).

WHERE THIS FITS IN

This term comes under Market Basics, in the section "Market Structure". First the words that describe market plumbing:

RELATED TERMS TO READ

Other terms in this group — understanding them together is more useful:
• Share (Stock)
• Equity
• Stock Exchange
• NSE
• BSE
• SEBI
• Broker
• Demat Account
• Trading Account
• Ticker / Symbol
• ISIN

To read the entire group and all its examples in one place, see the journal "MARKET BASICS: ABC of Market" - this term has been taken from there.

This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.

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