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As we all know people of India dynamically joining the stock market. Pre covid the percentage was around 3 (4cr people approx) and post covid it's growing everyday and now it's around 6% (8cr people approx). But as mentioned in Sebi's guidelines that

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Anonymous

Anonymous 2

Stealth • 10m

I think there might be some confusion. You took 6% people and assumed that a constant set of 11% make profit. Which is not the case. These 8 cr. people have profits and loss alternatively, its not like only one cohort of traders are making money. And the other cohort is just waking up everyday to trade losses. :/

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