F&O traders lose nearly Rs 2 lakh cr wealth in 3 years to March with just 7.2% profit rate
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Retail traders made a combined net loss of ₹1.81 lakh crore in futures and options trading in the three years to March 2024 and only 7.2% of individual traders made a profit during this period, a study done by markets regulator Securities and Exchange Board of India (Sebi) showed. The number of retail traders has almost doubled in two years from about 5.1 million in FY22 to about 9.6 million in FY24. Although they contributed about 30% in total turnover in FY24, they are a clear majority in number terms, as 99.8% of traders in the derivatives segment are individuals, Sebi said. The regulator has flagged concerns over the chaotic trading in index options and is likely to tighten rules for derivatives trading soon. It has proposed several changes including increasing the minimum contract size in index derivatives, a reduction in weekly index product offerings and making options trading costlier among other things to curb the heightened risk...