Increase in derivatives trading driven by 'gambling instincts': Economic Survey 2023-24

Quick Summary:

India Business News: NEW DELHI: The Economic Survey 2023-24 suggests that the increase in retail investors participation in Futures & Options (F&O) trading may be likely d.

The study also highlighted a significant surge in F&O segment participation during the pandemic, with the number of unique individual traders growing by more than 500 percent, from 7.1 lakh in FY19 to 45.24 lakh in FY21.

The Securities and Exchange Board of India (Sebi) chairperson, Madhabi Puri Buch, recently issued a warning to investors regarding substantial investments in the Futures and Options (F&O) market.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaBrazilChina

Topics: Retail investors Derivatives trade Business news Speculative trade Budget Sebi Gambling instincts Economic survey Futures and options

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 23:31:30 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1242 words

Reading Time: 7 minutes read

Sentences: 50 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 21733406

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