Nithin Kamath warns STT hike may not curb F&O speculation, instead hits trading volumes
- Posted on February 2, 2026
- By Business News Today
- 2 Views
Nithin Kamath warns STT hike may not curb F&O speculation, instead hits trading volumes
Zerodha founder Nithin Kamath criticised the STT hike on equity derivatives, saying it wont curb speculation as most activity is in options. He warned higher taxes could hurt futures volumes, liquidity and price discovery, and suggested suitability norms as a better solution.
