Markets were volatile on Sept 4 after the GST Council announced big tax changes. Nifty closed flat at 24,734, Sensex at 80,718. Here are the key movers: Gainers: • Prataap Snacks (+2.8%) – GST on namkeens, bhujia & mixtures cut from 12% → 5%. Demand boost expected. • M&M (+6%) – Small car GST reduced from 28% → 18%. Auto stocks rallied. • FMCG (Emami, Colgate, Britannia, up to +4%) – GST cuts on several consumer products lifted consumption stocks. • Godfrey Phillips (+3%) – Tobacco GST fixed at 40%, seen as neutral/positive for cigarette makers. Losers: • Ola Electric (–6.5% intraday) – Profit booking after sharp 77% rally in a month. Stock highly volatile since listing. • Solar Industries (–2%) – Explosion at Nagpur plant, 1 dead & 8 injured. Company says losses insured. • IndusInd Bank (–2%) – Ex-CFO accused board chairman of covering up accounting lapses. Governance worries. • Delta Corp (–9%) – GST on casinos hiked to 40%. Negative for gaming companies. • Poly Medicure (–1.6%) – Announced European acquisition worth €18.3 mn; stock slipped slightly. Takeaway • Winners: Autos, FMCG & snacks makers gained from GST cuts. • Losers: Gaming, select financials & volatile recent listings faced pressure. • Markets may stay sensitive to GST-driven sector news in coming weeks.

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