The turnaround marks a sharp contrast to last year's challenges, when increased Securities Transaction Tax (STT) and tighter regulations on futures and options (F&O) trading had dampened growth across ...
Shares of stock broking and exchanges including Angel One, Billionbrains Garage Ventures (Groww), BSE and others crashed up ...
Brokerage shares fluctuate as investors react to the government's securities transaction tax hike impacting futures and ...
The sell-off followed the Budget proposal to hike STT on derivatives, with options STT increased to 0.05% from 0.02% and ...
Groww’s shares fell about 6.5% on Monday, a day after Finance Minister Nirmala Sitharaman proposed an increase in the Securities Transaction Tax (STT) on futures and options (F&O) in her Union Budget ...
Broking firms' shares drop sharply as STT hike raises concerns over trading volumes and profitability in the derivatives market.
Under the Budget 2026 proposals, the STT on futures transactions was increased from 0.02% to 0.05%. The STT on options ...
On the BSE, Billionbrains Garage Ventures, the parent company of Groww, saw its stock drop 5.86 percent, making it the biggest loser among brokerage stocks. Geojit Financial Services fell 2.98 percent ...
Shares of BSE, Angel One, Groww fell up to 10% on February 1 as Finance Minister Nirmala Sitharaman proposed in Budget 2026 ...
Under the new proposals, STT on futures trades has been raised from 0.02% to 0.05%, while options trading now attracts a flat 0.15% STT on both option premiums and exercised contracts. The move marks ...
Zerodha CEO Nithin Kamath told Inc42 that he anticipates a significant trading volume decline after FM Nirmala Sitharaman ...
Union Budget 2026 raised securities transaction tax on futures and options, increasing trading costs across India’s ...