Indian brokers, BSE tumble as government proposes higher futures transaction tax

Billionbrains Garage Ventures

01/02/2026 06:55

** Shares of Indian stock brokers and BSE fall up to 10%

** In federal budget, Indian Finance Minister announced proposal for higher securities transaction tax on future trading

** Angel One ANGO.NS and Stock exchange BSE BSEL.NS both down 10%, while Groww BILO.NS falls 8.5%

 (Reporting by Urvi Dugar in Bengaluru)

 ((UrviManoj.Dugar@thomsonreuters.com;))