According to reports, a viral video showing an Uber driver losing Rs 2.5 lakh in options trading has sparked discussions on retail investor risks in India’s derivatives market. Key highlights include:
• Incident highlights dangers of leveraged trades without financial literacy.
• Calls for stronger investor education and regulatory safeguards by Sebi renewed.
• Driver reportedly lost 2.5L in options trading despite earning 25K from driving.
The incident underscores the importance of financial literacy and regulatory oversight in protecting retail investors in India’s markets.
Source: Economic Times