SEBI found that a U.S.-based hedge fund manipulated the Indian stock market, earning Rs 43,289.33 crore through trading in index options.
SEBI made changes to protect traders, such as limiting index derivative contracts and increasing lot sizes due to 90% of retail traders losing money.
To make money as a trader, it is suggested to limit losses, as competing with institutions using algorithm-based strategies is challenging.
Long-term wealth creation advice includes building a stock or mutual fund portfolio for compounding, with a rule suggesting Rs 15,000 monthly investment for 15 years to reach Rs 1 crore.