Their 2% ELM(since Dec 2024) has actually already increased 0dte margins by 30% in reality. I dont know what more these people want. I am not generally an angry person but i can feel something changing within me.
These guys have gone completely retarded. They doubled the STT and then making pikachu face about why average loss increased to 1.1L. Next level retards.
we need a retail traders association
They are not fools, they are just plain disingenuous, insensitive and inefficient.
Disingenuous
not candid or sincere, typically by pretending that one knows less about something than one really does
So many times i have heard that they want to increase cash market depth.
I dont think i have ever heard them talk of reducing/removing STT which is probably biggest barriers for traders. Even HFT/market makers would probably need higher margin to manage costs.
who knows, It might be a job hazard for them as no govt wants to give up any existing tax.
I can totally see the glorious future where we go full circle back to the good old BSE ring days — you know, when people actually yelled trades across the floor with paper in hand.
Given all the brilliant “developments” over the past 6–12 months, it’s crystal clear we’re headed there. Retail flow is going up, so naturally, I’m just waiting for the grand finale — they’ll curb F&O, and if retail dares to start buying equity, well… why not have SEBI ban that too? Problem solved, right?
Pandey and FM Tai both have lost their mind, raising stt and moving expiry to fortnightly.
Raising STT is just plain greedy, the money for freebies has to come from somewhere.
They acknowledge that even among the profitable traders, half the profits are eaten up by trading charges (which we know is 50-80% STT).
SEBI is in talks with Finance Ministry. It may consider reducing the cash market margin requirement and also bring out a consultation paper on discouraging options speculation.
It wants the government to nudge people towards investing rather than punting. To do so, SEBI may ask the Finance Ministry to reduce Securities Transaction Tax on cash market transactions.
What if they flip STT viz cash market ↔ derivatives?
@nithin
Earlier you said, “Don’t trust everything you hear or read.”
Suppose that’s true, and all this is rumors, but stocks like BSE go down 5% due to this news. Isn’t it something wrong?
The market reacts to rumours 
I don’t think anything should be made of this until the final word comes out of FM’s mouth regarding STT or through SEBI’s mouth about stopping weekly.
My point was, is there no responsibility of news channels while reporting from sources when it can wipe out 5-10% of a company’s market cap? Is that circular of SEBI to reply to rumors in 24 hours for listed companies not implemented yet?
I trust this words and also trust like you said earlier “You can’t believe everything you read.”
Hope this holds true