Kathmandu, July 27 -- Nepal's stock market has achieved a notable user milestone, with the total number of beneficiary accounts nearing eight million. Yet behind this rapid surge in public participation lies a capital market struggling with fundamental structural limitations, reliance on a single trading instrument, and regulatory frameworks that have failed to keep pace with digital expansion.

According to data released by Central Depository System and Clearing Limited (CDSC), the total number of Demat accounts-essential for storing securities electronically-reached 8,009,623 on Sunday. Since a Demat account is compulsory for applying to Initial Public Offerings (IPOs) and trading on the secondary market, official analysts treat this me...