News From Press Kotak MF's Nilesh Shah bats for restrictions on retail investors in F&O

Kotak MF's Nilesh Shah bats for restrictions on retail investors in F&O

Source: Business Standard Aug 1, 2024

There should be restrictions on retail investors just like institutional investors as individuals trading in F&O are not retail investors but retail speculators, said Nilesh Shah, managing director of Kotak Mutual Fund, on Wednesday (July 31).

Shah was responding to a question on the increase in Securities Transaction Tax (STT) on all futures and options (F&O) contracts traded on recognised stock exchanges during a panel discussion hosted by Business Standard.

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