Groww Shares Fall Nearly 5% After Budget Hikes STT on F&O Trades

The Indian stock market reacted sharply after the Union Budget 2026 proposals included a significant increase in the Securities Transaction Tax (STT) on futures and options (F&O) trades, causing Groww shares to skid nearly 5% in early trading. Investors and traders across the market felt the effects of this policy change, with several broking and capital markets firms experiencing intense selling pressure on their stock prices. The move was designed to curb excessive speculative activity in the derivatives market but has raised concerns among market participants about trading costs and liquidity.