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Derivatives are poison, loved Budget's STT hike: Investor Sharma
short by Mansi Agarwal / on Sunday, 1 February, 2026
Veteran investor Shankar Sharma said he loved the Budget for hiking Securities Transaction Tax on Futures and Options trading. "Derivatives are a poison...eating away at the roots of our youth. Its destructive effect will be felt by generations," he said. "F&O adds zero value to India...It can't be stopped, but it can be taxed the hell out of," he added.