Decades apart, but the drama linked to the two appears similar, says Nivedita Mookerji.
The Sensex futures, which began trading on the Chicago-based US Futures Exchange on April 4, are off to a slow start. The subdued beginning is partly due to a market slowdown and also because of the nature of the product, said market experts. Since it began trading last month, it has registered a daily average of 84.3 contracts, with a total of 1,686 contracts having been traded so far.
The uncertainty over the implementation of the new tax continues as the Finance Bill has not been passed by the Parliament. Finance minister P Chidambaram had announced in his Budget proposal that the levy would come into effect from April 1. The uncertainty over the implementation of the new tax continues as the Finance Bill has not been passed by the Parliament. P Chidambaram had announced in his Budget proposal that the levy would come into effect from April 1.