Nifty Auto Up 5 In One Week On Gst Cut Hopes M M Maruti Among Stocks Poised For Gains Says Nomura

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business nifty auto up 5 in one week on gst cut hopes m m maruti among stocks poised for gains says nomura

The Auto index surged over 5% this week on hopes of a GST cut for small cars and two-wheeler ICE vehicles, potentially boosting demand and benefiting companies like Mahindra, Maruti, and TVS Motor. Nomura projects significant price reductions and sales increases if tax cuts materialize.

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