NSE CEO says markets will absorb STT hike
after close1 source ↓written by the desknot a recommendation
The National Stock Exchange's CEO, Ashish Chauhan, stated that the stock markets will absorb the changes in Securities Transaction Tax (STT) without significant impact on asset quality. He emphasized that the NSE IPO and existing listed companies remain unaffected, as India's robust economic growth continues to attract investors. 📈
Chauhan noted that the market adjusts gradually to such changes, ensuring stability in the long run.
Not investment advice. For informational purposes only.