The study showed that 91.1% of individual traders collectively lost ₹750 billion in the futures and options segment in FY24.

A SEBI study reveals that over 93% of individual traders in the equity futures and options segment faced significant losses from 2021-22 to 2023-24. Even with consecutive years of losses, 75% continued trading.

This assumes significance as an earlier study published in January 2023 by the capital market watchdog had showed that 89 percent of individual equity F&O traders lost money in FY22.

SEBI said the proportion of young traders (below 30 years) in the F&O segment rose to 43 per cent in FY24 from 31 per cent in FY23.

Only 1 per cent of individual traders managed to earn profits exceeding Rs 1 lakh, after adjusting for transaction costs, in F&O markets. Over 9 out of 10 individual traders (93 per cent) in the equity futures and options (F&O) segment continue to incur significant losses.