Stock markets continue to rally on GST reforms bid

Kaumi GazetteBusiness19 August, 20258.2K Views

Image used for illustration goal solely.
| Photo Credit: Reuters

Equity benchmark indices climbed in early commerce on Tuesday (August 19, 2025), extending their earlier day’s sharp rally, as optimism prevailed out there buoyed by plans for giant bang reforms within the GST regime by Diwali.

The 30-share BSE Sensex climbed 203.44 factors to 81,477.19 in early commerce. The 50-share NSE Nifty went up by 53.4 factors to 24,930.35.

From the Sensex corporations, Reliance Industries, Bharti Airtel, Adani Ports, NTPC, Titan and Infosys had been the key gainers.

However, Bajaj Finance, Bharat Electronics, Mahindra & Mahindra and HCL Tech had been among the many laggards.

“The policy initiatives from the government on the GST front with indications of next generation reforms have improved market sentiments significantly,” VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, stated.

In Asian markets, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng traded in constructive territory whereas South Korea’s Kospi and Japan’s Nikkei 225 index quoted decrease.

The U.S. markets ended on a flat notice on Monday (August 18, 2025).

“The White House talks indicate that there is “reasonable chance of ending the war”. And, if this happens, the secondary tariff on India for buying oil from Russia would become irrelevant. This may turn out to be positive from the market perspective,” Vijayakumar added.

Global oil benchmark Brent crude declined 0.50% to $66.24 a barrel.

Foreign Institutional Investors (FIIs) purchased equities price ₹550.85 crore on Monday (August 18, 2025), in accordance to alternate knowledge.

On Monday (August 18, 2025), the Sensex jumped 676.09 factors or 0.84% to settle at 81,273.75. The Nifty climbed 245.65 factors or 1% to finish at 24,876.95.

Loading Next Post...
Loading

Signing-in 3 seconds...

Signing-up 3 seconds...