Shares of Groww plunged as much as 14% to hit an intraday low of INR 152.9 and the company’s market cap fell below the INR 1 Lakh Cr mark
Its competitor, Angel One, also witnessed selling pressure with its stock crashing as much as 13% during intraday trade.
The FM proposed hiking the STT on futures to 0.05% from the current 0.02% as well raising STT on options premium and exercise of options to 0.15% from the present rate of 0.1% and 0.125% respectively
Shares of Groww plunged during the intraday trading today…

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