GST Rate Cuts Lift Market Sentiment, But Geojit’s Vinod Nair Warns of Caution Amid Tariff Headwinds
India’s equity markets staged a partial recovery this week, buoyed by optimism surrounding the government’s sweeping GST rate rationalisation. The revamped structure, which reduces the number of slabs to just 5% and 18%, is expected to inject fresh momentum into domestic consumption and corporate earnings. However, Vinod Nair, Head of Research at Geojit Financial Services,…