Tata Motors, M&M, Ashok Leyland, Bharat Forge lead auto stock rally after GST cut; Nifty Auto index surges 1.5%

Tata Motors, M&M, Ashok Leyland, Bharat Forge lead auto stock rally after GST cut; Nifty Auto index surges 1.5%

Auto stocks rally today: Auto stocks soared on September 8 after several leading automakers announced substantial price cuts, following the GST Council’s decision to reduce taxes on a range of vehicles. The move sparked investor optimism and sent the Nifty Auto index climbing over 1.5 per cent in morning trade, reaching 26,718, making it the…

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Why stock market is rising today: Sensex, Nifty rally nearly 1%; m-cap of listed companies hits Rs 6.22 lakh crore

Why stock market is rising today: Sensex, Nifty rally nearly 1%; m-cap of listed companies hits Rs 6.22 lakh crore

Why Stock Market Is Rising Today: Indian stock markets rallying high at midday on Monday, August 18, supported by two major positives. First, Prime Minister Narendra Modi’s announcement of next-generation GST reforms expected by Diwali 2025. Second, S&P Global Ratings upgrading India’s sovereign credit rating from ‘BBB-’ to ‘BBB’ with a stable outlook. By 12:40 PM,…

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