Indian stock markets experienced a significant downturn. Overseas investors sold shares heavily, impacting the Sensex and Nifty. Rising crude oil prices and a weakening rupee added to investor concerns. Bank stocks also saw a sharp decline following regulatory changes. Global markets showed mixed reactions to geopolitical developments.
New STT, MTF rules kick in from April 1: What changes for stock market traders and brokers
From April 1, Indian markets face major regulatory changes as higher taxes and stricter funding norms reshape trading. Securities transaction tax (STT) on derivatives is