Retail traders lost ₹1.81 lakh crore in futures and options trading over three years to March 2024, with only 7.2% making a profit, according to Sebi. The number of retail traders nearly doubled, contributing significantly to total turnover. Sebi plans to tighten rules to curb risky speculation among retail investors.
Infosys’ weak Q4 earnings has a price, brokerages slash targets by 9-13%
Infosys reported a 12% YoY drop in Q4 net profit and missed revenue estimates. The company in its guidance has projected revenue growth of 0%–3%