Capital Market Stocks Decline Amid NSE CEO Comments on STT Impact on Derivatives

Capital market stocks including Angel One, BSE, CAMS, and CDSL declined up to 4 percent amid weak market sentiment following remarks by NSE CEO Ashishkumar Chauhan. He indicated that the upcoming increase in Securities Transaction Tax (STT) on futures and options, effective April 1, 2026, could lead to reduced derivatives trading volumes. The Nifty Capital Markets index fell around 1.5 to 1.7 percent, with 13 of 15 constituents trading lower during the session.