Key Points
A study by market regulator Sebi showed that 7 out of 10 individual intraday 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 intraday trading in the equity cash segment in 2022-23 compared to 2018-19...
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..
The study, based on a sample of individual clients of the top-10 stock brokers accounting for around 86 per cent of the individual client count in the equity cash segment during 2022-23, has been peer-reviewed by a working group with representation from academia, brokers and market experts...
"7 out of 10 individual intraday traders or 71 per cent in the equity cash segment incurred a net loss in FY2022-23," the study said, adding that the proportion of loss-makers jumped to 80 per cent for traders with very frequent (more than 500 trades in a year) trading activity..