Benchmark equities surged on Thursday, Sept 4, after Finance Minister Nirmala Sitharaman unveiled a sweeping overhaul of the Goods and Services Tax (GST). The S&P BSE Sensex rose nearly 600 points in early trade, while the NSE Nifty50 crossed 25,900, as investors cheered the reforms that collapsed the tax structure into four slabs—0%, 5%, 18% and a new 40% for luxury and sin goods. By scrapping the earlier 12% and 28% rates, GST 2.0 promises to simplify compliance and make essentials cheaper. Market participants believe this could set the stage for a consumption revival, with direct benefits for autos, fast-moving consumer goods, cement, housing and financials. Auto and FMCG shares led the rally. Maruti Suzuki, Mahindra & Mahindra, Hindustan Unilever and ITC gained sharply on expectations that lower GST on small cars, two-wheelers, packaged food and personal care products would spur demand. Real estate and financials followed suit, buoyed by hopes of stronger consumption feeding into credit growth and housing activity. Market experts see the reform as more than a rate cut. Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said, “The revolutionary GST reform has come better than expected, benefitting a wide spectrum of sectors. The ultimate beneficiary is the Indian consumer who will benefit from lower prices. The potential big boost to consumption in an economy that is already in growth momentum will be big and may surprise on the upside.” He added that the changes could spark a “virtuous cycle,” with cheaper goods driving demand, higher demand lifting corporate earnings, and stronger earnings attracting more investment.
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Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
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Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
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Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
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Aw, this was an extremely good post. Finding the time and actual effort to make a top notch article… but what can I say… I procrastinate a whole lot and never seem to get nearly anything done.
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
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Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
May I just say what a comfort to discover someone that actually understands what they are discussing online. You definitely know how to bring a problem to light and make it important. A lot more people ought to check this out and understand this side of the story. I was surprised that you’re not more popular because you certainly have the gift.
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Currently it appears like WordPress is the top blogging platform out there right now. (from what I’ve read) Is that what you are using on your blog?
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Wow that was odd. I just wrote an incredibly long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Regardless, just wanted to say excellent blog!
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May I just say what a relief to discover somebody who genuinely understands what they’re discussing over the internet. You certainly know how to bring an issue to light and make it important. More and more people ought to look at this and understand this side of your story. I was surprised that you aren’t more popular given that you certainly possess the gift.
Right now it seems like WordPress is the top blogging platform available right now. (from what I’ve read) Is that what you’re using on your blog?
Aw, this was a very nice post. Finding the time and actual effort to make a superb article… but what can I say… I procrastinate a lot and don’t manage to get anything done.
Wow that was strange. I just wrote an really long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Regardless, just wanted to say excellent blog!
Wow that was strange. I just wrote an very long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyway, just wanted to say excellent blog!
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Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
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Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates. I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with something like this. Please let me know if you run into anything. I truly enjoy reading your blog and I look forward to your new updates.
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Hello there, You’ve performed an excellent job. I will definitely digg it and in my opinion recommend to my friends. I’m sure they’ll be benefited from this web site.
Wow that was odd. I just wrote an incredibly long comment but after I clicked submit my comment didn’t show up. Grrrr… well I’m not writing all that over again. Anyway, just wanted to say excellent blog!
Can I just say what a comfort to uncover someone that truly knows what they are discussing on the internet. You certainly realize how to bring an issue to light and make it important. More people have to look at this and understand this side of your story. It’s surprising you aren’t more popular given that you certainly have the gift.
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Aw, this was a very good post. Taking the time and actual effort to produce a top notch article… but what can I say… I put things off a whole lot and don’t manage to get anything done.
Right now it sounds like BlogEngine is the top blogging platform available right now. (from what I’ve read) Is that what you’re using on your blog?
Hello there, You’ve done an excellent job. I will certainly digg it and individually suggest to my friends. I am confident they’ll be benefited from this site.