The two-day meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman is going to start today, September 3. A decision can be taken on the change in tax slab in this meeting.
The 56th GST meeting is scheduled to begin at approximately 11:00 AM at Vigyan Bhawan, New Delhi. The meeting will conclude tomorrow, September 4.
GST Meeting: Which stocks are likely to benefit?
As per Zee Business Managing Editor Anil Singhvi, sectors linked to GST will remain in focus.
"FMCG, cement, two-wheelers, and insurance companies will be in focus, according to the market wizard.
Singhvi also says that there will be a positive outlook for consumption, home appliances, and the EMS sectors. Along with these, textile, fertilizer, footwear, and drone companies are also expected to benefit.