Budget 2026: Shankar Sharma cheers derivatives STT hike, calls F&O a ‘poison’ for investors
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.
Gold recovers Rs 9,500 per 10 gm intraday loss to end volatile Budget 2026 session in green; silver flat
Gold prices rebounded nearly 7% on MCX after a brutal selloff ahead of Budget 2026. Profit booking, margin pressures and lack of jewellery-sector relief weighed on bullion, while silver stayed flat after historic volatility following record crashes in both metals.
Proposed share buyback framework aims to benefit small shareholders, not promoters
To discourage misuse of tax arbitrage, promoters will be subject to an additional buyback tax, raising the effective tax rate to 22 per cent for corporate promoters and 30 per cent for non-corporate promoters, she stated.
FM Nirmala Sitharaman explains why 10% nominal GDP growth for FY27 is realistic
Finance Minister Nirmala Sitharaman has called the 10 percent nominal GDP growth estimate for the financial year beginning April 1, 2026, realistic. This projection is based on current GDP base year and methodology. India’s GDP is estimated at Rs 393 lakh crore. The government will soon revise base years for key economic indicators like GDP […]
Your arbitrage fund returns will fall by about 0.5% next year due to this increased STT: Deepak Shenoy
The Budget 2026 hike in Securities Transaction Tax is expected to reduce arbitrage fund returns by about 0.5% next year, according to Capitalmind’s Deepak Shenoy. While retail investors may see limited impact, arbitrage funds and foreign portfolio investors could face higher costs in futures trading.
Union Budget 2026: SGBs bought from secondary markets to attract capital gains tax, effective April 1
Budget 2026 proposes capital gains tax exemption for Sovereign Gold Bonds only if purchased directly from RBI and held until maturity. Secondary market SGBs will lose tax benefits, aiming to reward patient investors over speculators, though bond prices fell sharply.
Budget impact: What makes Morgan Stanley’s Ridham Desai remain bullish on Indian stocks
Morgan Stanley maintains a bullish stance on Indian equities post-Budget, citing cyclical growth support, structural reforms, capex push, and long-term policy focus on semiconductors, AI, and data centres to sustain earnings and premium valuations.
STT, capital gains tweaks rattle investors despite growth push: Sunil Singhania
Market veteran Sunil Singhania noted that while the Union Budget initially disappointed, increased allocations to railways, defense, and infrastructure offer long-term growth potential. However, recurring tax changes, particularly to STT and capital gains, create investor uncertainty. Singhania emphasized the need for policy stability to attract foreign investment and support India’s ambitious economic expansion goals.
Visionary Budget with long-term growth focus: R Doraiswamy, LIC
LIC CEO & MD R Doraiswamy described the Union Budget as a visionary roadmap for India’s ambition to become a top three global economy. He highlighted the focus on strategic industries, MSMEs, and rural income growth, expecting market sentiment to improve as the broader development push is assessed.
Fiscal prudence a positive, markets spooked by STT and borrowings: Amitabh Chaudhry
The Union Budget has drawn mixed market reactions. Amitabh Chaudhry sees stability and continuity as positives. Focus areas include pharmaceuticals, semiconductors, and infrastructure. While higher borrowings and transaction taxes are concerns, details may bring market calm. The budget aims for self-reliance and institutional scale.