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A recent government report, part of the Economic Survey 2024, highlights a significant increase in retail derivatives trading in India, attributing this surge to a 'gambling instinct' among investors. The finance ministry's findings caution that this trend could lead to feelings of being 'cheated' among investors, as the allure of derivatives trading resembles gambling behavior. The report serves as a warning to stock market participants about the risks associated with such trading practices, particularly in light of the upcoming Budget 2024.
F&O trading: 'Investors' response would be to feel ‘cheated’ by...' - What Economic Survey 2024 said #EconomicSurvey #EconomicSurvey2024 https://t.co/WcG5uqqhw0
Economic Survey says surge in India's retail derivatives trading driven by 'gambling instinct' https://t.co/eMZHmi0qIO . . . #EconomicSurvey | #trade | #trading | #business | #BusinessGrowth | #RepublicBusiness | #RepublicTV | #RepublicWorld
A 'gambling instinct' has caused India's surge in retail dervivatives trading, government report says https://t.co/5ZOYU4XK1n