The data also shows the number of small investors—those trading up to ₹10,000 —declined to 450,000 in FY26 from 780,000 a year earlier. The count of those trading between ₹10,000 and ₹1 lakh also fell to 800,000 from 1.07 million, while those investing between ₹1 lakh- ₹10 lakh dropped to 1.16 million from 1.34 million.
