Nifty ended near days high. But Dow 500-700 pt down @ night. Such shocks are very common in recent days.
SEBI/Gormint must discuss NSE-BSE to extend market timing at least up to 9:30PM ASWAP, if they really want investors/people of India's protection.
Day trading was already very tough, the highest degree of mastery due to short-term noises.
Now swing trading is getting tough due to overnight US market action.
But in the name of investors protection, SEBI is busy to increase STT revenue for Gormint!
Nowadays SEBI's main goal is to move the F&O volume to CASH market to earn some extra STT for Gormint! Nothing else...
![Eek! :eek: :eek:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
This could be a tragedy of Indian Traders/Investors soon.
SEBI is killing the "The Goose That Laid the Golden Eggs", the F&O TRADERS who give dual even triple or more tax!!! ->Transaction charge for exchanges+Stamp for States+STT & LTCG/Income Tax to Gormint+ 18% GST). Now they want more STT!! Volume shift to CASH market!!!
We traders knew very well the dangerous effect of GREED. SEBI & Gormint will be punished automatically by the law of nature... very soon.