“Seeing Degrowth For First Time In 15 Years”: Zerodha CEO

Kamath said that the markets are “finally correcting”, which has resulted in the broking industry seeing a “massive drop” in terms of trades and volume

He feels that if the correction continues, the Indian government is likely to see a 50% decline in its Securities Transaction Tax (STT) for FY26 from INR 80K Cr to INR 40K Cr

The Indian equities markets, in tandem with the global markets, crashed on Friday (February 28) after US President Donald Trump doubled down on his tariff war agenda

Amid the bloodbath in…