A division of the Securities and Exchange Board of India (SEBI) has released a study report whose results would perhaps dissuade the droves of young, digitally savvy traders tapping the equity F&O segment for some quick and easy money.
The Department of Economic and Policy Analysis in a study report released on January 25 analysed the trading patterns and P&L statements of individual investors in the equity F&O segment.
Data for the study has been collated from the top 10 brokers in the country. The total number of traders in the sample witnessed a 500 percent increase between FY19 and FY22. In FY19, 7.1 lakh traders were included in the sample which ballooned to 45.2 lakhs in FY22.