Zerodha CEO Nithin Kamath criticized the high Securities Transaction Tax (STT), noting it’s higher than brokerage income and discourages trading in cash and futures. He said reducing STT and increasing intraday leverage could boost volumes. Kamath linked STT changes to a surge in options trading and called for balanced reforms.
BlackRock expands AI push with new robotics ETF as investor enthusiasm cools
BlackRock has launched a new robotics focused ETF as investors become more selective about AI investments. The fund targets companies using intelligent machines across industries