Footwear and apparel retailers gained as GST reduced, driving strong benefits for Bata, Metro, Trent, Vishal.

• Bata and Metro gain as the majority of footwear sales under ₹2,500 are now taxed at a reduced 5% slab.
• Apparel retailers Trent, Aditya Birla, Baazar Style, Vishal Mega Mart rise, benefiting from lower GST on apparel.
• Zudio and Vishal Mega Mart see big advantages, as bulk affordable apparel shifts from 12% to 5%.