The Union Budget 2026 has increased Securities Transaction Tax (STT) on equity derivatives, impacting futures and options trading costs. STT on Nifty futures has risen from 0.02% to 0.05%, increasing the cost per lot by approximately Rs 500. Options trading also sees a 50% STT hike on premiums, raising concerns about market liquidity and foreign participation.
Recent Posts
- GSP Crop Science IPO: Focus shifts to allotment date. Latest GMP, step-by-step guide to check status
- Asian stock market crash: Nikkei 225, KOSPI fall 2.5% as US-Iran war fuels oil prices, inflation concerns
- US Stock Market | War, Oil, and Rates: Fed’s pause sets stage for choppy markets
- Bank of Japan keeps interest rates steady at 0.75%, sticks to recovery view
- Gold Silver Rate Today Live Updates: Gold and silver rebound on softer dollar; gains capped by Fed’s hawkish stance