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…
This change in behavior is visible in the numbers. Though many small investors had been actively buying during the Sensex’s nearly 7% rise in the December quarter, positioning for a possible policy boost, their participation has since narrowed. budget day impact Out of 2,321 companies analyzed by mintonly 967 firms or 42% saw an increase…
The proposal in the Union Budget 2026-2027 to increase the Securities Transaction Tax (STT) on futures and options (F&O) transactions rattled the Indian stock market investors, triggering a nearly 2% decline in the benchmark indices, Sensex and Nifty 50. In her Budget speech, Finance Minister Nirmala Sitharaman announced a sharp hike in STT – by…
Budget 2026 is going to be historic this time in many ways. The first reason is that the Union Budget will be presented on Sunday, 1 February 2026 and the stock market will also be open on the same day. This is only the second time in the history of independent India that the stock…
