BTCC
/
BTCC Square
/
thehindubusinessline
/
đ Sensex Rockets 1,000+ Points as Auto Stocks Ignite on GST Overhaul Bets
đ Sensex Rockets 1,000+ Points as Auto Stocks Ignite on GST Overhaul Bets
10
1
Indian markets just got a nitro boostâAuto stocks are flooring it on hopes of a GST facelift, sending the Sensex screaming past a 1,000-point gain. Traders are all-in, betting regulators might finally ease the fiscal handbrake.
Behind the surge? Whispered promises of tax cuts for automakersâbecause nothing gets capital flowing like politicians dangling carrots. The rallyâs got legs, but remember: in finance, hope is a strategy⌠until it isnât.
One cynical footnote: Watch how fast this âreform euphoriaâ vanishes if quarterly earnings miss by a rupee. Markets have the memory of a goldfishâand the patience of a day trader.
By:
