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Indian Markets Await GST Council Decisions Amid Flat Opening Signals
Indian Markets Await GST Council Decisions Amid Flat Opening Signals
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BTCCSquare news:
Indian equities are poised for a muted start as Gift Nifty futures hover NEAR 24,747, reflecting market consolidation. The 56th GST Council meeting commencing September 3 dominates investor attention, with expectations of sector-specific reforms that could reshape fiscal landscapes. August's GST collections grew 6.5% year-on-year, though tepid IGST growth and import contraction present analytical puzzles.
Options expiry dynamics add technical pressure to today's session, while global risk appetite remains cautiously optimistic. No direct cryptocurrency mentions surface in this macroeconomic narrative, though regulatory clarity from the GST Council could indirectly influence digital asset sentiment.
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