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Finance Minister Nirmala Sitharaman on Sunday defended a sharp increase in securities transaction tax on futures and options, arguing that the government could not remain silent as speculative ‘satta’ in derivatives is inflicting heavy losses on small retail investors, even as markets sell off brokers and stock swaps on fears that higher costs would chill […]
Indian stock markets witnessed sharp volatility after the Union Budget 2026, with the Sensex falling over 1,200 points mid-session after falling nearly 2,000 points at worst. The sharp decline reflected investors’ disappointment over higher trade taxes and the lack of major triggers that could bring foreign investors back into the market, even as the budget […]
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 […]
