Budget 2026: STT Hike on F&O Trading Sparks Market Turmoil
Indian Markets Slide After Budget 2026: What Went Wrong? Budget 2026 has sparked a sharp sell-off in Indian equity markets, with investors reacting negatively to a steep hike in Securities Transaction Tax (STT) on Futures and Options (F&O) trading. While the government reiterated its intent to curb speculative activity, the immediate market response has been…