Sensex & Nifty Soar After GST Reform Announcement

KHUSHI KUMARI Image Source: Google Images

Sensex and Nifty surged over 1% as PM Modi announced a major GST reform rollout by Diwali

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Stock market wealth jumped nearly ₹6 lakh crore within minutes of the announcement

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The reform aims to simplify GST rates and reduce the tax burden on key categories

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Experts believe the move will boost consumption and accelerate economic growth ahead of the festive season

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Nomura estimates a 10% GST cut in auto could boost demand by 15–20%

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The announcement has sparked optimism among investors, expecting long-term benefits for multiple industries

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