The Indian market ended lower in the special trading session on Sunday after Finance Minister Nirmala Sitharaman announced a hike in the securities transaction tax (STT) on futures and options in her Budget 2026 speech, triggering a sharp sell-off during the Budget special weekend trading session. At the end of the day, the BSE Sensex…
Even as the hike in Securities Transaction Tax (STT) weighed on market sentiment and emerged as one of the triggers behind the sharp sell-off in Sunday’s trading session, ace investor Shankar Sharma came out in strong support of the Budget 2026 move, saying he loved the Budget for this “one major reason.” Likening derivatives trading…
Indian equity markets saw sharp volatility after the Union Budget 2026, with the Sensex sliding over 1,200 points by mid-session after having been down nearly 2,000 points at its worst. The sharp fall reflected investor disappointment over higher trading taxes and the absence of any major triggers that could bring foreign investors back into the…