BSE Share Price Plunges 15% After Budget 2026 STT Hike

BSE share price dropped 15% to ₹2,377.40 on the NSE during intraday trade on Sunday, February 1, after the government proposed increasing the Securities Transaction Tax (STT). About 7.02 million shares were traded by early afternoon.

STT Hike Explained

Finance Minister Nirmala Sitharaman announced that STT on futures trades will rise from 0.02% to 0.05%, while STT on options premiums will increase from 0.1% to 0.15%.

Impact on Traders and Markets

The sharp rise in STT could increase trading costs for traders, hedgers, and arbitrageurs.

About BSE

Bombay Stock Exchange (BSE Ltd) is a major Indian stock exchange based at Dalal Street, Mumbai. It provides a platform for trading in equities, currencies, debt instruments, derivatives, and mutual funds. 

Read more: Budget 2026: Nil-Deduction Certificate Scheme Explained: What It Means for Small Taxpayers?

Conclusion

BSE’s 15% fall highlights how regulatory changes in taxes can sharply affect stock prices and trading sentiment. Investors are advised to monitor derivative costs and market activity closely.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.