India’s benchmark stock indices slumped about 3% intraday, as finance minister Nirmala Sitharaman’s decision to raise securities transaction tax (STT) on futures and options (F&O) trades spooked investors. Higher-than-expected government borrowings for the next financial year starting 1 April also worried investors, as the move could spike interest costs for businesses and make sovereign debt…
stock market today: After snapping a five-session losing streak with a positive close, the Indian stock market is expected to open in green on Tuesday, January 13, following gains across Asian markets. Early trends from Gift Nifty suggested a positive start, with the index trading at 25,920, up about 63 points, or 0.24%, from its…
stock market today: The Indian stock market is likely to begin Monday, January 12, on a flat-to-positive note, supported by gains across Asian markets and developments related to the ongoing US–Iran conflict. However, early cues from Gift Nifty suggested a largely flat start, with the index trading at 25,809.50, down about 7.5 points, or 0.1%,…
