Quote on F&O by Ashish Nanda, President and Head - Digital Business, Kotak Securities
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Below the Quote on F&O by Ashish Nanda, President and Head - Digital Business, Kotak Securities
While STT has been increased on both Futures and Options from 1st October 2024, this is the same date when exchange turnover charges will be reduced. In my view the net impact of this will be largely net neutral for the customer. Example, STT on Options will increase by Rs. 3.75 per Rs. 10,000 round trip premium turnover while exchange turnover charges should reduce by approx Rs. 3.50 to Rs. 4.
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