Nifty Near 25,000 as GST Rate Cuts Ignite Consumption Rally

Markets turned jubilant on Thursday, September 4, with Nifty reclaiming the 25,000 mark, powered by the GST Council’s sweeping rate cuts announced by Finance Minister Nirmala Sitharaman. The move has shifted several consumption categories into lower tax brackets, igniting hopes of a demand revival. FMCG majors stand to gain as essentials like ghee, butter, paneer, juices, noodles, and wafers move from 12% to 5% GST. Beneficiaries include

, Gopal Snacks, , , , !Nestlé, , and HUL, with improved affordability expected to boost volumes. Consumer durables saw selective relief, while footwear stocks stole the spotlight as GST on sub-₹2,500 products was slashed to 5%. Relaxo, Bata, Khadim, Metro, and Campus Activewear are poised to capture greater market share amid rising affordability. With GST cuts energizing consumption themes, investors are eyeing sharp near-term gains in staples, discretionary, and durable plays. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.