India and the world
Money borrowed to buy shares in 15 stock markets, each from its own exchange or regulator, converted to rupees at ₹94.93 a dollar. Compiled by mtf.trading; India's figure is mtf.trading, from NSE/BSE disclosures. CC BY-SA 4.0.
India's MTF book
₹1.52 lakh cr
2 Nov 2026
India, as share of market value
0.33%
11 of 14 other markets are higher
United States
1.97%
₹142 lakh cr
FINRA margin debt, Sep 2026
China
1.94%
₹33 lakh cr
Shanghai and Shenzhen, 2 Nov 2026
Margin debt, share of market value
Highest first
Margin debt in rupees
Largest first
Sources
Markets measure this differently; small gaps are noise.
| Market | What is counted | Amount | Of market value | As of | Source |
|---|---|---|---|---|---|
| Vietnam | Securities-company margin loans (dư nợ ký quỹ) | ₹1.69 lakh cr | 4.33% | 30 Sep 2026 | Securities-company filings, FiinTrade/FiinGroup (CafeF / Tien Phong, end-Q3-2026) |
| United States | FINRA margin debt | ₹142 lakh cr | 1.97% | Sep 2026 | FINRA |
| China | SSE + SZSE financing balance (融资余额) | ₹33 lakh cr | 1.94% | 2 Nov 2026 | Shanghai + Shenzhen Stock Exchanges |
| Canada | CIRO client margin debit balances | ₹3.22 lakh cr | 0.75% | 30 Jan 2026 | CIRO (ex-IIROC), latest via The Globe and Mail |
| South Korea | Credit loan balance (신용거래융자) | ₹2.30 lakh cr | 0.53% | 16 Oct 2026 | KOFIA |
| Hong Kong | Securities margin financing (outstanding margin loans) | ₹2.50 lakh cr | 0.50% | 31 Dec 2025 | SFC (Hong Kong) |
| Japan | JPX margin buying balance (信用買残) | ₹3.93 lakh cr | 0.47% | 25 Sep 2026 | Japan Exchange Group |
| Turkey | TSPB margin trading loan balance (kredili işlemler) | ₹19,790 cr | 0.46% | Sep 2026 | TSPB (Turkish Capital Markets Association) |
| Taiwan | TWSE margin balance (融資餘額) | ₹1.81 lakh cr | 0.43% | 2 Nov 2026 | Taiwan Stock Exchange |
| Australia | RBA margin lending, total (Table D10) | ₹88,790 cr | 0.42% | 30 Jun 2026 | Reserve Bank of Australia |
| Pakistan | NCCPL leverage market (MTS + MFS net open position) | ₹2,360 cr | 0.35% | 17 Jul 2026 | National Clearing Company of Pakistan (NCCPL) · Leverage Market: MTS + MFS net open position |
| India | NSE + BSE MTF book | ₹1.52 lakh cr | 0.33% | 2 Nov 2026 | mtf.trading, from NSE/BSE disclosures |
| Thailand | SET margin loan outstanding | ₹14,090 cr | 0.24% | 26 Jun 2026 | Stock Exchange of Thailand |
| Saudi Arabia | CMA margin lending · outstanding balance | ₹52,000 cr | 0.22% | 31 Mar 2026 | Capital Market Authority (Saudi Arabia) |
| Greece | HCMC debit balances in margin accounts | ₹1,350 cr | 0.07% | 31 Dec 2025 | Hellenic Capital Market Commission |