Budget 2026: Shankar Sharma cheers derivatives STT hike, calls F&O a ‘poison’ for investors

February 1, 2026

Ace investor Shankar Sharma applauds Budget 2026’s STT hike on derivatives, calling F&O trading a “poison.” Experts say it may curb speculation, shift focus to long-term investing, but could unsettle markets and impact hedging.

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