Festive Fireworks: GST Cuts Ignite Auto & Durables Demand | Anand Tandon & Somil Mehta | ET Now #ETNOW
Festive Fireworks: GST Cuts Ignite Auto & Durables Demand | Anand Tandon & Somil Mehta | ET Now
GST cuts boost festive consumption in autos and durables, per Anand Tandon, with near-term demand up but volume growth uncertain. Yes Bank surges 7-8% to ₹24+, targeting ₹26-28 on breakout. PSU Bank index +1.9% nears highs; picks: Max Health (₹1200), Union Bank (₹148), BoB, PNB. Elecon dips 7.6% to ₹555 post-Q2; buy at ₹500-520.
#stockmarket #yesbank #psubanks #festivedemand #gstcuts #anandtandon #eleconengineering #maxhealth #bankingrally #niftypsu #etnow
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