Indian markets extended gains today:
• Nifty 50 closed near 24,923 (+0.18%)
• Sensex settled around 81,472 (+0.23%)
• Reliance led the charge with ~2% gains, while auto stocks stayed in the spotlight.
What’s Driving the Rally?
• GST reform buzz: Govt may scrap 12% & 28% slabs, moving to a simplified 5% & 18% structure.
• Talk of GST cut on entry-level 2-wheelers, compact cars & hybrids (28% → 18%)—making vehicles more affordable.
• Reliance optimism post FY 2025 report + new JV in healthy beverages.
• Geopolitical easing (Ukraine peace talks) + global rate-cut hopes ahead of Jackson Hole.
Why It Matters
For Investors: Policy moves can re-rate entire sectors overnight. Autos are a proxy for consumption—when they surge, it signals demand revival.
For Consumers: Lower GST = real savings. A ₹10L car could be ~₹90K cheaper, a ₹1L scooter ~₹9K cheaper. That’s money directly in your pocket.
The Bigger Picture
This “next-gen GST” reform could simplify taxes, cut anomalies, boost consumption, and fuel the next leg of India’s growth story. 🔥
Do you think GST reforms could be the spark for the next bull run? Share your thoughts below!
Happy Investing!