← back
Ep 1127 Daily Money Show - GST Slab Simplification Rally
Original: Ep-1127 Stock Market News | #dailymoneyshow
Takeaway
GST slab simplification plus income tax cuts make consumption stocks the multi-quarter theme to ride; tech-disruptors get extra tailwind.
Summary
- Sensex +0.84% to 81,273; Nifty +1% to 24,876; Bank Nifty +0.71%; midcap +1.3%, smallcap +1.37% in broad-based rally
- Modi August 15 announcement: GST simplified to 5% and 18% slabs only; 99% of 12% items move to 5%, 90% of 28% items move to 18%; sin/luxury at 40%
- Consumption theme is the structural winner - Maruti, Hyundai, Hero TVS, Aditya Vision, Bajaj Electronics, Bluestar, retail/travel companies rallied
- Insurance industry worried about 5% GST without input credit raising premiums; Trump-Putin talks suggest possible end to Russia-Ukraine war and tariff removal
GSTconsumptionrally
Original description
To support our channel use the link below Zerodha Account Link 👉 https://zerodha.com/open-account?c=ZMPVNW Angel Broking 👉 https://angel-one.onelink.me/Wjgr/8vxyj8iq UPSTOX 👉 https://tinyurl.com/y8sbw9w8 FYERS 👉 https://bit.ly/3JZwgyc Buy Best Term/Health Insurance With Spam-free Advice - https://ditto.sh/1bzezx TELEGRAM: https://telegram.openinapp.co/money-purse Moneypurse Get Fit Family 👉 https://strava.app.link/4U0TAr1zzTb Follow our WhatsApp channel 👉 https://tinyurl.com/32cra3sc You can learn Basics of Stock markets for beginners, How to do Fundamental Analysis of a stock or any company, Expert Interviews, Financial Planning, Tax planning , Daily Stock Market News and many more for free in our channel Get free Knowledge and learn how to be a pro in Stock Market Investments and your Personal Finance. Stay In Touch👇 Also connect with us on👇 📷Instagram: https://www.instagram.com/moneypurseadv/ 🕊Twitter: https://twitter.com/Moneypurseadv 📱Facebook: https://www.facebook.com/moneypurseadv/ Thanks for watching.. Team Money Purse What is in for you? 00:00 Market Update 07:22 PNG Jewellery 07:53 KEC international 08:58 Baazar Style 10:13 Dilip Buildcon Update 10:41 Swiggy Update 11:29 Electronics Mart 12:49 TIPS Music 13:22 Rs.16 Defence Stock 14:09 DAM capital Case 15:44 1 Ltr Milk 18lakhs 17:52 optiemus Infra 19:28 M&M 20:45 Safeguard Duty on steel 21:25 NBFC & Banks 22:26 Knowledge marine 22:42 Vehicles Scraping News 23:15 Travel Foods limited 23:48 Zaggle Prepaid Result