The head of the National Stock Exchange (NSE) has announced a series of changes that will affect investors from October 1. One of the events this change would enact would be to trading on the NSE and Bombay Stock Exchange (BSE).There are some who try to simplify the stock market without losing the transparency of it.
Some of the key changes related to this policy are increased transaction charges. Now, investors have to pay higher fees for some of the trades. According to the Head of National Stock Exchange, it is going to bring more revenue to the exchange, which will, in turn, ensure the services being served in the terms of improving the infrastructure and services in the market.
Share buybacks are likely to be another major change. From October, companies will make the share buy-back offers available through stock exchanges to the shareholders. This change would be more articulate and easy for those investors who want to liquidate their shares in an offer of buyback.
Also, STT is going to change. According to the head of the National Stock Exchange, the changes in STT are aimed at simplifying the taxation on securities so that both investor and the government would benefit.
Gift Nifty Live would continue playing an important role for traders in that it provides real-time data and information. It can improve investment decisions in the market.
Overall, the head of National Stock Exchange assures investors that these changes are part of on-going efforts to make India’s stock market more vigorous and investor-friendly. Investors need to therefore keep updating the changes, thereby allowing smooth trading during following months.