New Delhi: Markets regulator SEBI in its study stated that married investors are more likely to make profits in the stock market compared to single investors. This finding was based on an analysis of patterns seen over a 3-year period — FY19 and FY22-23.
“On comparing single vs married traders group, married traders group had a higher proportion of profit-makers than single traders group across all the three years,” according to the SEBI study. Married traders were also made for a lower proportion of lossmaking traders compared to single ones, said the study.
While 75 per cent of single traders made losses
67 per cent of married traders made losses
Married traders executed a greater number of trades compared to single traders
Male vs female traders: Who performed better
According to the SEBI study, female traders made proportionately higher profit compared to male traders. “Proportion of profit-makers among the group of female traders was higher as compared to the group of male traders, across all the three years,” according to the study.
Male traders whose annual intraday turnover exceeded Rs 1 crore witnessed losses worth Rs 38,570 on average
Female traders whose annual intraday turnover was above Rs 1 crore, made average losses worth Rs 22,153
However, there was a worrying trend in that the proportion of female intraday traders declined to 16 per cent in FY23 from 20 per cent in FY19.
What’s age got to do with stock market losses?
The propensity to make losses seemed inversely proportionate to the age of the investor: The lower the age group, the higher the number of loss-makers, according to the SEBi study. Similarly, the higher the age group, the lower the proportion of loss-makers.
Just 53 per cent of traders aged 60 years and above made losses in FY23
81 per cent of traders aged below 60 were likely to have incurred losses in FY23
Married traders, women and senior citizens have one thing in common: They are less likely to make losses in intra-day trade, according to a SEBI study. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
