Retail traders may have lost over ₹1 trillion in F&O again in FY26 (opens original article in a new tab)

Retail traders may have lost over ₹1 trillion in equity derivatives (F&O) in FY26 despite regulatory measures, with losses remaining similar to FY25 levels. NSE had a 74.7% market share in index options, and individual share in premium turnover increased to 39% in FY26. The number of investors trading equity options fell to 3.37 million in FY26 from 4.15 million in FY25.

• Retail traders may have lost over ₹1 trillion in F&O in FY26
• Regulatory measures did not significantly reduce losses despite lower participation
• NSE had 74.7% market share in index options as of FY26 end
• Individual share in index options premium turnover increased to 39% in FY26
• Number of investors trading equity options fell to 3.37 million in FY26 from 4.15 million in FY25