 |
|
|
|||||
The Centre has initiated the application process for a whole-time director at SEBI, as Ananth Narayan's term concludes next month. The appointment is for five years or until the age of 65, with an application deadline of October 6. Narayan's tenure included significant orders and policy changes, while the government is yet to fill another whole-time member vacancy.
Category:
News and Media
GST slab rationalization is set to spur consumption and economic growth. Automobile, cement, and consumer goods sectors are likely to benefit. Two-wheeler makers with higher than 350 cc bikes may face negative impact. Retail-focused lenders could see improved credit demand. Renewable energy companies may gain from GST reduction on solar cells.
Category:
News and Media
Profit-taking occurred in consumption-oriented sectors. Analysts believe the rally in autos, consumer durables, FMCG, and metals will continue. Gains may be stock-driven. Cash-based buying is likely to resume. GST cuts aim to boost consumption before the festive season. Investor caution exists regarding inventory management. Management commentary is awaited on lower-GST products and demand.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||