In April, 67 lakh unique retail investors participated in the cash market on the NSE out of the total demat account base of 11.61 crore. This represents about 5.8% of the total demat accounts in the country. Unique retail investor participation is calculated on the basis of the PAN or Permanent Account Number. This is a more accurate indicator of investor participation as the total demat account base includes multiple account openings by investors.

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