The measures include restricting each exchange to just one weekly contract from multiple earlier, tripled contract sizes, and imposing strict position limits in phases, among others. This followed a September 2024 Sebi study that found 11.3 million individual traders lost a massive ₹1.81 trillion from trading futures and options over FY22-24. Another study in July 2025 found that retail investors’ losses surged 41% to ₹1.06 trillion in FY25 from ₹74,812 crore in FY24.
