2 weeks ago
Under-30 Investors Now 38% of India's Stock Market Base
Many young people in India, called Gen Z, are now buying and selling stocks and making risky stock bets using their phones.
This article says almost four out of every ten investors in India are now younger than thirty years old.
One big reason is that many young people cannot find good jobs, so they try the stock market to make money.
The article says the stock market is risky for them, and the regulator's data shows 91 out of 100 people trading complex stock bets lost money in one year.
Trading apps that feel like video games, with badges and leaderboards, make young people want to trade more often.
Online advisers on social media, called finfluencers, also push young investors to take big risks.
Another reason some young people turned to the stock market is that a new law banned real-money fantasy sports and card games.
The writers think the government and regulators should do more to protect young investors and teach money skills in schools.
The article worries that what was meant to build wealth has become a risky gamble for India's youth.
Investors under 30 now account for 37.9% of India's total investor base, up from 23.5% five years ago, and made up 59% of new registrations this financial year.
The NSE's Market Pulse report shows the median age of Indian investors has fallen from 38 in March 2020 to 33.
RBI data shows the share of investors below 30 jumped from 22.6% in March 2019 to 38.9% by July 2025.
SEBI found 91% of individual equity derivatives traders lost money in FY25, with net losses widening 41% to more than Rs 1.05 lakh crore.
The article attributes the trend to 11.9% Gen Z unemployment, gamified trading apps, finfluencer influence, and the 2025 ban on real-money online fantasy sports and card games.
- Who
- India's Gen Z and investors under 30, observed in data from SEBI, RBI, and the NSE
- What
- A rapid rise in young Indians investing in stocks and risky derivatives, even though most lose money
- Where
- India
- When
- Trends tracked from March 2019 to June 2026, with SEBI studies covering FY23 to FY25
- Why
- Record graduate unemployment, scarce secure jobs, gamified trading apps, finfluencer influence, and the ban on online fantasy sports and card games
Key facts
- Investors under 30
- 37.9% of total investor base, up from 23.5% five years ago
- Median age of Indian investor
- 33, down from 38 in March 2020
- New registrations by under-30 investors
- 59% so far this financial year
- Demat accounts
- Estimated to have crossed 23 crore by June 2026
- Loss-making derivatives traders (FY25)
- 91% of individual traders; net losses over Rs 1.05 lakh crore
- F&O traders under 30 (FY24)
- 43%, up from 31% in FY23
- Gen Z unemployment
- 11.9% for ages 15-26; graduate joblessness 29% for men, 36.9% for women
- Online gaming ban
- Promotion and Regulation of Online Gaming Act, 2025 banned real-money fantasy sports and card games
Quotes
Deepanshu Mohan
Dean and Professor of Economics at O.P. Jindal Global University
“"The problem is not that they entered the market. It is what happens once they are inside it."”
NDTV
“"91% of individual traders in the equity derivatives segment lost money in FY25."”
NDTV











