No mention of ltcg, but increased stt. Wah modiji wah
9 Likes
Fut now only fools and monkeys will trade
Options at the fringe…
I dont trade Futures anymore, but this is absolutely disgusting. 0.0125 to 0.05. 4x
I am not watching live, Was equity cash changed ?
3 Likes
Nothing 
fut is always a bad option, too high fee, now they made it even higher. just use synthetic future, you will save lot of money on fees.
2 Likes
Best i hope for in every budget is business as usual.
So 1 more year i can trade. 4x increase in Equity cash STT would very likely mean i stop trading it.
I just stopped Index futures trading few months back. Was trading 1 lot to test and scale later. But directional intra edge has gone down as markets dont make large moves and increased cost was eating everything up. Dunno how people trade futures intra on that. Now, no chance.
750 points down on nifty
Hilarious man , how can one expect they will reduce tax, its not a BJP or Congress thing , no Govt will reduce tax
I haven’t read the details of the budget yet so might be wrong - but wasn’t there a news couple of weeks back that SEBI wants to push cash market liquidity.
I think it was also mentioned that margins in cash market will be made more favorable for Traders.
I am assuming the idea is to push people out of F&O into trading in Cash market.
EDIT - I was referring to this article.
I hope someone can check and correct me if I am wrong about the cash market margin.
Na, this will push whoever is left in frequent trading of futures to finally go to options or stop.
They haven’t reduced STT in equity. And in future years now there is risk that they will start thinking that there is tax difference between equity and Futures, and use that to raise STT on equity. Hopefully not, but given past budgets wont be surprising. They have consistently raised taxes on markets.
And we cant trade outside India, so basically only thing we can do is move to another instrument if available or to stop trading.
1 Like
This is ridiculous
50% hike on Options and 150% on Futures
This will definitely bring down volumes and profitability
2 Likes
FII will go now speed out of india - market will not go above 25500 its capped
Budget - no use - worst budget i never seen without agriculture budget
Noting For All - Only BJP and Rich Man
There is no LCG
There is no Joint TAx
There is No STT reduction
There is no for family Budget
For this for why 1.5 hours she speak
Market is Telling - what kind of budget is this – CHI CHI CHI
3 Likes
I Already Sold Equities 50% on my Portfolio - and i invest in Bond -
2026 - market will not go
equities will be question now a days - DII also will be slowed
1 Like
FII Will go out of India speed now
FII is selling heavily today
I don’t understand the point of STT hike on Futures by 4X
Options makes sense, as most of the speculation and losses are concentrated here, but for Futures, not sure
FII mostly trade in future - its big negative for FII
Once FIIs exit, interest rates will spike and bonds will also crash due to rupee depreciation.
Maybe they are losing massively on SGB, and they want to balance it. Just wild guess.
But more likely, this seems to be their mindset as most budgets by them have increased taxes on markets.
4x in couple of years is crazy.
compare to equity bond is ok - only gsec i am buying , currently i avoid equity investment -
reason - bad budget and trump period
If now Sebi comes up with another round of F&O restrictions, then it will be disastrous