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Consumer stocks jump in hope of boost in demand
September 05, 2025
|Mint Hyderabad
Consumption stocks, which surged after Prime Minister Narendra Modi flagged a goods and services tax (GST) cut on Independence Day, extended gains on Thursday as the final tax slabs were unveiled.
The Nifty FMCG index closed 0.24% and the Nifty Consumption index 0.5% up, both outpacing the Nifty 50, which closed 0.08% up. Mahindra & Mahindra, Colgate-Palmolive (India), and Britannia were among the top performers in the index.
هذه القصة من طبعة September 05, 2025 من Mint Hyderabad.
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