⚠️ Budget Shockwaves Hit Capital Market Stocks ⚠️

As on 1 February 2026,

plunged 13.44%, marking its lowest level since 7 October 2025, as markets reacted sharply to the government’s move to tighten derivatives trading. In the Union Budget 2026, Finance Minister Nirmala Sitharaman announced a hike in Securities Transaction Tax (STT) on F&O trades, clearly signalling the intent to curb excessive speculation in the rapidly growing futures and options segment. The fallout was immediate on Budget day. Key capital market stocks such as BSE, CDSL, and Nuvama also witnessed steep declines, reflecting concerns over lower trading volumes and pressure on transaction-based revenues. 📉 Market message is clear: Tighter oversight may hurt intermediaries in the short term, but it points toward a more disciplined and sustainable capital market structure ahead. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.