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

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

Benchmark fairness indices Sensex and Nifty surged in early commerce. File

Benchmark fairness indices Sensex and Nifty surged in early commerce on Thursday (September 4, 2025) as buyers turned cheerful after the GST Council authorized a whole overhaul of the tangled Goods and Services Tax regime.

The 30-share BSE Sensex jumped 888.96 points to 81,456.67 in opening commerce. The 50-share NSE Nifty surged 265.7 points to 24,980.75.

Also Read | Who are the members of the GST Council and what’s their voting energy?

Common use gadgets from roti/paratha to hair oil, ice lotions and TVs will price much less, whereas tax incidence on private well being and life insurance coverage will probably be introduced right down to nil after the omnipotent GST Council on Wednesday authorized a whole overhaul of the tangled Goods and Services Tax (GST) regime.

Follow the GST Council assembly LIVE

The GST Council authorized limiting slabs to five% and 18%, efficient from September 22, the primary day of Navaratri.

From the Sensex companies, Mahindra & Mahindra jumped essentially the most by over 7.50%. Bajaj Finance, Hindustan Unilever, Bajaj Finserv, ITC, Tata Motors and ExtremelyTech Cement have been additionally among the many gainers.

However, Eternal, Tata Steel, NTPC and HCL Tech have been among the many laggards.

“The revolutionary GST reform has come with 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,” V.Ok. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, stated.

He additional added that after the preliminary enthusiasm, tariff points will proceed to hang-out the market.

In Asian markets, South Korea’s Kospi and Japan’s Nikkei 225 index traded in optimistic territory whereas Shanghai’s SSE Composite index and Hong Kong’s Hang Seng quoted decrease.

U.S. markets ended largely larger on Wednesday (September 3).

Foreign Institutional Investors (FIIs) offloaded equities price ₹1,666.46 crore on Wednesday (September 3), whereas Domestic Institutional Investors (DIIs) purchased shares price Rs 2,495.33 crore, in line with change knowledge.

Global oil benchmark Brent crude dipped 0.56% to $67.22 a barrel.

On Wednesday, the Sensex jumped 409.83 points or 0.51% to settle at 80,567.71, and the Nifty climbed 135.45 points or 0.55% to 24,715.05.

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