November 3, 2026
Business

Sharp hike in STT pulls Nifty and Sensex down by 2%; brokerages feel the heat(Soban News)

India’s recent hike in Securities Transaction Tax (STT) on futures and options has triggered a significant market downturn, mirroring a similar event in 2004. The move, aimed at curbing speculation, has increased trading costs for all participants, impacting brokers and foreign investors particularly hard.

​India’s recent hike in Securities Transaction Tax (STT) on futures and options has triggered a significant market downturn, mirroring a similar event in 2004. The move, aimed at curbing speculation, has increased trading costs for all participants, impacting brokers and foreign investors particularly hard. by Soban News (international And National News)

Related posts

Defiance won’t beget India respect, export-focused manufacturing base will(Soban News)

News-Soban-Admin

Indian government seeks time on youth protesters’ minister resignation demand – Reuters(Soban News)

News-Soban-Admin

Nationwide cell broadcast test alert on May 2; people may receive emergency alert on mobile phones – The Hindu(Soban News)

News-Soban-Admin

Leave a Comment