STT hike will Impact Sentiment of Traders”: Sachin Gupta of Share India Securities
Mr. Sachin Gupta, CEO, Share India Securities Mumbai (Maharashtra) [India], March 28: Share India Securities Ltd. is a listed, tech based financial conglomerate which specializes in latency-based trading platform. Talking about the recent hike in STT by the Government, Mr. Sachin Gupta, CEO, Share India Securities added, “The Indian trading mechanism has now shifted from […]

Mr. Sachin Gupta, CEO, Share India Securities
Mumbai (Maharashtra) [India], March 28: Share India Securities Ltd. is a listed, tech based financial conglomerate which specializes in latency-based trading platform. Talking about the recent hike in STT by the Government, Mr. Sachin Gupta, CEO, Share India Securities added, “The Indian trading mechanism has now shifted from traditional to technology-based trading platform. Earlier where traders and investors were using traditional trading systems, now they are using algo based trading system where orders are executed in less than a second. Fast trading systems are now becoming a need for the traders and investors.
The introduction of higher STT will impact the sentiments of traders and investors who want to make a full-time career in the stock market. In recent we observed that many professionals like CAs, Lawyers, Doctors, engineers are making it a full-time career option.