Online Trading
Technology stocks drove the gains after Microsoft and Amazon reported strong earnings and committed to investing in AI infrastructure, boosting investor confidence in the global AI supply chain. Advantest saw a significant jump of 15.7% after raising its annual operating profit forecast by 35% due to demand for AI chip-testing equipment. Other technology companies like Tokyo Electron, Kioxia Holdings, SoftBank Group, Fujikura, and Lasertec also experienced substantial gains.
Additionally, the Bank of Japan kept its benchmark interest rate steady at 1%, following a 25-basis-point hike in June, marking the highestborrowing costs since 1995.
*9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
*On an average, loss makers registered net trading loss close to ₹ 50,000.
*Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
*Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.
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