By Admin 
Share Market Crash: As soon as Finance Minister Nirmala Sitharaman announced to increase the Securities Transaction Tax (STT) on Futures and Options (F&O) trade in the Union Budget 2026, the benchmark indices Sensex and Nifty reached the day’s low.
Sensex and Nifty both crashed
BSE Sensex reached the day’s low of 81,129, with a huge fall of 1,140 points or 1.39 percent. While NSE Nifty 50 was seen trading at 24,965, down 356 points or 1.41 percent. During her budget speech, FM Sitharaman said that STT on future trade will be increased from 0.02 percent to 0.05 percent. Additionally, the FM proposed to increase the STT on options premium from 0.1 per cent to 0.15 per cent. This had a bad impact on the stock market. Broader markets were also seen trading at lower levels. Nifty Midcap 100 declined by 2.7 percent and Nifty Smallcap 100 declined by 3.4 percent.