Risk, reward, and relentlessness: Why young Indians keep trading despite losing money

Risk, reward, and relentlessness: Why young Indians keep trading despite losing money

First, a consultation paper published by the Securities and Exchange Board of India (Sebi) said in 2023-24, on average, 85 out of every 100 individuals trading in index derivatives, lost money. Once the cost of trading was taken into account, 90 out of 100 lost money. Second, the paper pointed out that on average a … Read more

How this Darjeeling-based coder is aiming financial independence with ₹15-cr corpus

How this Darjeeling-based coder is aiming financial independence with ₹15-cr corpus

His early investments, however, lacked direction and focus, Mishra admits. To get some feedback, he anonymously posted his portfolio on Reddit, a community-based platform. A fellow user pointed out that his portfolio was overcrowded with too many mutual funds, prompting Mishra to rethink his investment strategy. At the time, Mishra had 14-15 mutual fund schemes … Read more

Penalty of ₹77 lakh for front-running: This is why you should not use your mother’s trading account

Penalty of ₹77 lakh for front-running: This is why you should not use your mother’s trading account

The capital markets regulator Securities and Exchange Board of India (Sebi) has imposed a penalty on Nirmala Devi (name changed) and her son Vijay (name changed) for front-running activities. The case pertains to the trading activities from July 1, 2021, to June 30, 2022. Who is Nirmala Devi and what does this issue entail? A … Read more