70% traders incurred loss in FY23: Sebi
However, sharp surge of over 300% in number of individuals participating in intra-day trading in equity cash segment
image for illustrative purpose
Day Trade Dangles:
- 1 in 3 individuals, who trade in equity cash segment, trades intra-day
- Loss-makers jumped to 80% among very frequent traders
- Share of young intra-day traders (below 30yrs) rising
New Delhi: A study by market regulator Sebi showed that 7 out of 10 individual intra-day traders in the equity cash segment made losses in the financial year 2022-23.
At the same time, the study highlighted a sharp surge of over 300 per cent in the number of individuals participating in intra-day trading in the equity cash segment in 2022-23 compared to 2018-19. Interestingly, the average number of trades by loss-makers was higher than the profit-makers. Further, the share of young intra-day traders, with less than 30 years of age, has risen significantly over the period, according to the study released by Sebi on Wednesday.
The markets regulator has conducted a study to analyse the trends in participation and profits and losses in intraday trading by individuals in the equity cash segment. It covered the periods of FY2018-19, FY2021-22 and FY2022-23 to comparatively analyse the trends before and after the pandemic.
