India Stocks Jump on GST Reforms

  Published 11 months ago

Indian shares surged as GST cuts and lower oil prices boosted demand outlook and investor confidence.

  • Nifty rose 1.36% and Sensex gained 1.23%, marking the best performance in recent months.
  • The government proposed a two-rate GST structure of 5% and 18%, replacing the higher existing rates.
  • Auto and consumer stocks rallied strongly, with Maruti Suzuki and Hero MotoCorp posting significant gains.

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