Budget 2026: Mid, smallcap indices fall 4% in 2 days as STT hike takes toll

Small and mid-cap stocks (SMIDs) extended their slide on Monday as Budget 2026's proposal to double STT on F&O trades triggered liquidity concerns.

Feb 2, 2026 - 10:00
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Budget 2026: Mid, smallcap indices fall 4% in 2 days as STT hike takes toll
Small and mid-cap stocks (SMIDs) extended their slide on Monday as Budget 2026's proposal to double STT on F&O trades triggered liquidity concerns.

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