The Securities and Exchange Board of India’s (SEBI’s) measures to curb excessive speculation in equity derivatives have coincided with a sharp cooling in retail participation, with the number of active individual traders falling for the first time since FY16. But despite fewer traders, individual investors still incurred net losses of ₹91,685 crore in FY26, while the average loss per trader increased

Individual traders incurred substantial losses in India's equity derivatives market during FY26. Options trading accounted for the vast majority of these aggregate net losses. …

Proprietary trading firms in India saw derivatives profits drop to $5B as SEBI curbs speculative trading. Retail traders lost $12.5B in FY25.

SEBI found individual equity derivatives traders fell 18% to 88 lakh in FY26, the first annual decline in over a decade. Yet 87.7% still lost money, collectively losing Rs 91,685…

MUMBAI: Large institutions and proprietary traders continued to make a killing in the derivatives segment of the market during FY26. At the same time, it was retail traders who…

In FY26, an alarming trend emerged in India's equity derivatives market, with nearly 90% of traders facing financial losses. Retail participation saw an unexpected decline of 18%,…