In an effort to discourage futures and options (F&O) trading, Finance Minister Nirmala Sitharaman has proposed to raise Securities Transaction Tax (STT) on such derivatives trade.
New Delhi [India], January 10: In recent years, GIFT Nifty has become an important pre-market indicator for traders in India. It gives an early idea of how the market may open. Traders can use it to plan strategies before the stock market starts trading.
Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank will study the pros and cons of the markets regulator Securities and Exchange Board of India's (SEBI) proposal that observed that the banks be allowed to foray into non-agricultural derivatives.
Dinesh Thakkar, Founder and Chairman-MD of brokerage firm Angel One, affirmed confidence in India's financial markets, asserting that the domestic market landscape is not dependent on any one firm.
Mumbai (Maharashtra) [India], Jan 22 (ANI): The National Stock Exchange (NSE) of India Ltd emerged as the world's largest derivatives exchange in 2020 by the number of contracts traded based on statistics maintained by the Futures Industry Association (FIA), a derivatives trade body.