Figure 2. FY25 decomposition — Where the ratio comes from
SEBI Disclaimer: 9 out of 10 individual traders in the equity F&O segment incurred net losses per SEBI study.
Disclaimer: This article is for educational purposes only and does not constitute financial advice. The author may hold positions in stocks mentioned. Always conduct your own research and consult a SEBI-registered financial advisor before making investment decisions. Stock market investments are subject to market risks. Past performance does not guarantee future returns.
Manish Goel
Manish Goel is a Chartered Accountant and the Founder of Multibagger Securities Research & Advisory Pvt. Ltd. (SEBI Registered Investment Adviser, INA100007736). A full-time value investor since 2010, he has helped thousands of investors build long-term wealth through quality stock picking and disciplined fundamental analysis.