The creation of stock market is for the companies to raise money. That’s fine. But SEBI does allow the brokerages to give leverages to their customers that means some big guy wants the stock market to run and function… He would want the market to function and run only if he is making money out of it. Who is that BIG Guy and How does he make money?
A follow up question - If more than 95% of the volume comes from big investors (not retail traders) and considering the Stock market as the zero sum game… From whom are these big investors making money from? From other Big investors or retail traders?