$MARUTI – GST Cut Sparks Auto Boost

The Modi government's proposal to slash GST on small cars from 28% to 18% and reduce insurance premiums has lit a fire under auto stocks. Maruti Suzuki shares jumped nearly 4% as affordability improves and policy tailwinds gather strength. $MARUTI leads India's compact car market; this reform could drive durable volume growth and margin improvements. But watch execution and pricing—if competition acts aggressively, gains could be capped.