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STT hike unlikely to rattle long-term foreign investors, may curb speculative trading: Ashishkumar Chauhan
The government's increased Securities Transaction Tax on derivatives aims to curb speculation and encourage long-term investing. While high-frequency traders may need to adjust strategies, foreign portfolio investors are expected to remain unaffected, prioritizing company growth and economic stability over short-term trading costs.
Sources: Economic Times, Hindu, NDTV +13 more
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