Proprietary trading firms, including those owned by global companies, saw their gross profit from equity derivatives decline to 445 billion rupees ($4. 65 billion) in the year ended in March, as speculative fervor cooled following curbs imposed by the market regulator.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-20/india-prop-traders-derivatives-profits-fall-to-4-7-billion)