Sensex, Nifty Surge After GST Overhaul; Auto, Insurance Stocks Gain - The Statesman

Sensex, Nifty end higher: Is GST 2.0 next big trigger for the economy?

On this edition of Market Closing, the focus is on the government's landmark GST overhaul. The reforms include a complete GST exemption on life and health insurance premiums effective September 22nd, and significant rate reductions for sectors like auto, consumer durables, and cement. Consequently, popular cars, two-wheelers, and white goods are set to become more affordable. A new 40% levy has been imposed on casinos and online gaming, causing …

GST Excitement Fades, Benchmarks Sensex, Nifty Pare Gains But End Trading In Green

During opening, Sensex soared nearly 700 points, while the Nifty climbed over 200 points, following the landmark GST reforms announced on Wednesday.

Sensex, Nifty surge after GST overhaul; auto, insurance stocks gain - The Statesman

In the opening trade, Sensex rose over 650 points and Nifty traded above the 24,900 level.

Markets Cheer Centre's GST Bonanza, Sensex Rises Nearly 700 Points

The Indian stock market on Thursday opened in the green, a day after the Union government approved a complete overhaul of the Goods and Services Tax (GST) system.

GST 2.0 fuels stock markets rally; Sensex jumps nearly 900 points

Mumbai: Benchmark equity indices Sensex and Nifty surged in early trade on Thursday as investors became cheerful after the GST Council approved a complete overhaul of the tangled Goods and Services Tax regime. The 30-share BSE Sensex jumped 888.96 points to 81,456.67 in opening trade. The 50-share NSE Nifty surged 265.7 points to 24,980.75. Common use items from roti/paratha to hair oil, ice creams and TVs will cost less, while tax incidence on …

Markets Cheer GST Overhaul! Sensex Surges Nearly 700 Points, Nifty Near 24,900

The Indian equity market opened sharply higher on Thursday, buoyed by the sweeping Goods and Services Tax (GST) reforms announced by the Union government. The Sensex jumped nearly 700 points, crossing 81,000 around 9:30 AM, while the Nifty gained 156.65 points, trading at 24,871.70. GST Overhaul Details On Wednesday, Union Finance Minister Nirmala Sitharaman unveiled […] The post Markets Cheer GST Overhaul! Sensex Surges Nearly 700 Points, Nifty…