SEBI data presented in a study indicates that, over recent fiscal years, traders are exiting the market faster than new participants are entering, with losses becoming larger for individual investors. The report says the average individual loss rises to about Rs 1.17 lakh.
Across the period covered (FY22 to FY26), the study states that individual traders cumulatively lose Rs 3.85 lakh crore. While the outlets emphasize the worsening loss figures for individuals, they also highlight the net flow dynamic—exits outpacing entries—suggesting a pattern of churn alongside financial underperformance. The coverage does not attribute the trend to a single cause, but instead focuses on the measured outcomes in participation and profitability during the stated period.
Taken together, the findings point to a deterioration in individual trading results over time, alongside fewer net new entrants relative to those leaving. The reports present the same core statistics regarding cumulative losses and the average loss per individual trader, with no additional differing claims in the provided text.
