Market opened full three days after Prime Minister Narendra Modi announced a proposal for GST reforms in his Independence Day Speech. In these three days, many conjectures were drawn on what goods will become cheaper and what will be dearer. This effect was clearly seen in Nifty sectoral indices today.Nifty Consumer durable and Nifty Auto both rose over 3%, with media reports indicating major relief for them. Maruti Suzuki added nearly 10% to its valuation as small cars are expected to be one of the biggest beneficiaries.
.png)
