Retail participation and trading costs are once again taking center stage in the run-up to the Union Budget, especially after mixed market returns over the past year. Zerodha co-founder Nithin Kamath expressed concern over the sharp rise in securities transaction tax (STT) on derivatives and its impact on market activity and government revenue.Kamath said that […]
Shares of Urban Company fell nearly 6% intraday on Monday, hitting the day’s low of Rs 121.40 on the NSE as the three-month anchor lock-in ended today. This means that, according to Nuvama’s estimates, 41 million shares, accounting for 3% of the total shares outstanding, are now available for trading.The price action took place amid […]