Various embodiments provide a position indicator including a retaining mechanism that can fix a core body securely and which can electrically transmit a signal from an internal circuit to the core body reliably. The position indicator includes a core body having conductivity, a conductive elastic member including a holding portion for holding and fixing the core body, a core body holder having conductivity and fitted with the conductive elastic member to retain the core body fitted in the conductive elastic member, a signal transmitter, and an electric connecting member for establishing an electric connection between the core body holder and the signal transmitter. The core body is detachably fitted into the conductive elastic member. A signal from the signal transmitter is transmitted from the core body through the electric connecting member, the core body holder, and the conductive elastic member.