STT Charges Trigger D-Street Blues as Sensex Crashes 1,500 Points on Budget Day
On a dramatic Budget day for Indian markets, the rise in STT charges sent shockwaves through Dalal Street, triggering one of the steepest sell-offs in recent history. India’s BSE Sensex plunged nearly 1,500 points during the special trading session on February 1, 2026, in response to changes in the Securities Transaction Tax (STT) on derivatives.
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