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NSE rolls back 6% hike in transaction charges on equity cash, derivatives

The rollback will be effective from April 1, 2023

NSE, national stock exchange, nifty50
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Khushboo Tiwari Mumbai
The National Stock Exchange (NSE) on Friday rolled back an increase in transaction charges for the cash equities and equities derivatives segments. The rollback will be effective from April 1, 2023, the exchange decided in its board of directors meeting held on Thursday.

Earlier, NSE had increased the charges by six per cent effective January 2021, to augment the corpus of NSE Investor Protection Fund Trust (NSE IPFT).

The objective of the fund is to compensate investors in case defaulters’ assets are not sufficient to meet the admitted claims made by investors. The fund also aims to promote investor education.

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First Published: Mar 24 2023 | 5:56 PM IST

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