Welcome To S. A. Deshpande & Co

India has been moving towards a cashless economy. It is faster, secure and more cost-efficient. The origin of the digital revolution of finance lies in the capital markets. The stock markets shifted to electronic mode of trading (dematerialisation) in 1996 ever since the introduction of the Depositories Act 1996.

Before the conversion, the stock markets operated on an open outcry system. Traders communicated verbally and through gestures to buy and sell shares. With the advent of electronic trading, a simple online command is enough to execute a trade. However, electronic trading has prerequisites like having a demat account, trading account and bank account to access the capital markets.