Online Trading
The People's Bank of China indicated it will maintain a pliable and targeted monetary policy to ensure ample liquidity and accommodative lending conditions. The central bank also committed to providing further support for domestic consumption, technological innovation, small enterprises, and infrastructure development. Nevertheless, market participants registered disappointment regarding the absence of more decisive actions to spur economic expansion.
Worries surrounding potential leadership transitions at Nvidia intensified negative sentiment impacting equities linked to artificial intelligence. Notable underperformers included Foxconn Industrial Internet, which retreated 4.85%, Zijin Mining Group, down 3.88%, CATL, which shed 2.70%, BYD, decreasing 2.10%, and Zhongji Innolight, which plummeted 6.11%.
*9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
*On an average, loss makers registered net trading loss close to ₹ 50,000.
*Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
*Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.
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