Shankhadeep Mandal

[Shankhadeep Mandal @connectskm]

@moneycontrolcom Attract them with heavy tax subsidies and compensate the loss of revenue by increasing STT, LTCG, STCG. Kill those shock absorbing retailers.

[Shankhadeep Mandal @connectskm]

@sunnyjoshiii We are not happy with current govt for sure but that doesn't mean we are ok with just anybody. Opp need to figure out more acceptable candidate for this top job.

[Shankhadeep Mandal @connectskm]

@Mrsinha Modi himself won't agree on this. Manmohan Singh was exceptional. All work without PR and chest thumping.

[Shankhadeep Mandal @connectskm]

@CNBCTV18Live @YashJain88 First they destroy the things and then justify their actions. Be it CAS, E20, STT / LTCG double taxation, FII may come n go etc. Extremely disappointing

[Shankhadeep Mandal @connectskm]

@NewsAlgebraIND Take rest and spare us

[Shankhadeep Mandal @connectskm]

@piyush_trades They will increase STT and for funding UP election. 50K per woman.

[Shankhadeep Mandal @connectskm]

@Asan_research This Govt lost credibility.

[Shankhadeep Mandal @connectskm]

@Amockx2022 Congress has to think beyond Rahul Gandhi.

[Shankhadeep Mandal @connectskm]

@narendramodi In 2014 we believed your words then again and last time was like let's believe for one last time. But now, we lost hope in this very political system. No leaders inspire us anymore. It's like mirage.

[Shankhadeep Mandal @connectskm]

@CommerceGuruu Same like all institutions found no issues with E20.

[Shankhadeep Mandal @connectskm]

@PRSundar64 They will make it 28% again and explain extensively on how this is for betterment of people in Future.

[Shankhadeep Mandal @connectskm]

@InvestorOfJAMMU If they lose, it will be due to their arrogance and false promises. Chances of loosing is less though.

[Shankhadeep Mandal @connectskm]

@Amockx2022 The stubborn attitude of current opposition to stick with LOP over the years is the prime reason of rise of BJP. Change the face and see the result.

[Shankhadeep Mandal @connectskm]

@Vtxt21 Pls take rest and don't forget to relieve our FM from her position.

[Shankhadeep Mandal @connectskm]

@LokeshVirat18K Indeed. Tax payers who are bleeding like hell are in minority. The beneficiaries of revdi schemes are in majority.

[Shankhadeep Mandal @connectskm]

@RubyAnsari_RA This cost will be transferred to consumers eventually. Again this Govt found a way to squeeze out more money from common man. Increased STT, increased LTCG, E20, CAS, Cess & Surcharges.

[Shankhadeep Mandal @connectskm]

@NSEIndia Why the things are imposed first and then explained? Be it CAS or E20 or STT raise. This Govt is trying to make money out of small retailers by various means. Did we voted for this? How long can we endure?

[Shankhadeep Mandal @connectskm]

@CAChirag Benefit for tax payers? This is a myth.

[Shankhadeep Mandal @connectskm]

@ScholarTrading @SEBI_India @NSEIndia @BSEIndia For Govt, traders are cash cows. They can milk them as much as they like. This is disappointing and unfair but no choice. Endure the pain as always.

[Kundan Prajapati @ScholarTrading]

What the hell is happening to the Indian stock market?

Dear @SEBI_India & @NSEIndia @BSEIndia

How many times do you expect traders to rebuild their entire business?

> December 2020 – 50% leverage removed
> March 2021 – 75% leverage removed
>September 2021 – 100% leverage removed

We adapted.

Yes, leverage is a double-edged sword. But thousands of genuine traders with smaller capital were affected. Still, we adapted.

> September 2023 – Bank Nifty expiry was shifted from Thursday to Wednesday, while BSE launched Sensex weekly expiry on Friday. Suddenly, we had expiries almost every trading day.

Many traders, especially algo and 0-DTE traders, redesigned their entire systems.

We adapted.

> November 2024 – Weekly expiries of FinNifty, Bank Nifty and other indices were removed. Only Nifty and Sensex weekly expiries remained.

Again, thousands of traders had to change their strategies.

We adapted.

> February 2025 – Expiry-day margin benefit was removed.

STBT traders were hit badly.

We adapted.

> 1st September 2025 – Nifty expiry shifted from Thursday to Tuesday.

Again...

We adapted.

> Jane Street reportedly made billions of dollars from Indian markets over the years. Later, regulatory action was taken, and subsequently trading restrictions were lifted after payment of regulatory dues/settlement.

How exactly did all of this benefit Indian retailers?

Meanwhile...

- Option STT has increased massively over the last few years.
- Bid-ask spreads have widened.
- Slippage has increased.
- Global volatility has increased.
- Transaction costs keep rising.

We adapted to everything.

And now...

Closing Auction Session (CAS).

Seriously?

Every few months there's another structural change.

Every few months traders are forced to rebuild their systems.

Every few months liquidity takes another hit.

You say these changes are for retail investor protection.

Then please show us the data.

Can you show even one report proving that retail trading losses have actually reduced because of all these interventions?

If not, then what exactly are these constant changes achieving?

Instead of making markets more efficient, you're making trading more expensive, more complicated, and pushing serious traders towards crypto and international markets.

As a full-time trader, my inner soul genuinely cries today seeing the direction our markets are heading.

We survived leverage removal.

We survived daily expiries.

We survived removal of daily expiries.

We survived expiry changes.

We survived removal of expiry margin benefits.

We survived higher STT.

We survived wider spreads and slippage.

Now we are expected to survive CAS as well?

Enough is enough.

I request SEBI and the exchanges to reconsider this rule.

Before implementing such major structural changes, consult the trading community. There should be proper communication, public discussion, and representation from active traders.

I also request every trader to raise their voice through the proper channels. If you genuinely believe these changes are hurting market participants, please send your feedback or complaint to SEBI through its official grievance mechanism. And if anyone from the industry has a direct channel to the exchanges or regulators, please help convey the concerns of the trading community.

Please Retweet this so our voice reaches the right people.

Enough of silent adaptation. It's time the trading community is heard.

@AnilSinghvi_ @_anujsinghal @SarangSood @PRAFULKULKARN18 @adigitalblogger @iarjuntandon @JayneshKasliwal @sunilgurjar01 @piyushchaudhry @SantoshPasi @RakeshPujara1 @TanmayKurtkoti @justnottamomma @AshishGupta325