MARKETS 6h ago
Indian equities jump 1.6% as FM's STT remarks spark hopes of tax review
Economic Times Stocks
Published 14 Oct 2026, 02:12 am IST
Agencies
ET BureauSitharaman acknowledged the debate over the securities transaction tax (STT) but stopped short of indicating any proposed change. "It's healthy to have this debate, and I will be keenly hearing them," she said. India's taxes on stock market transactions have drawn criticism for being excessive and higher than those in many other markets.
"The rally was (led by) expiry-related short covering," said Sunny Agrawal, head of fundamental research, SBI Capital Securities.
Originally reported by Economic Times Stocks.Source: economictimes.indiatimes.com
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