Failed GST impact on Indian Market? why?

After a historic reform, Nifty now looks lazy and range-bound. The reason is simple: markets had already discounted the GST reform well before the official announcement. Anticipation of tax simplification triggered a bottoming-out process earlier, and many stocks rallied sharply in advance. So when the reform was finally unveiled, it failed to excite fresh buying; instead, profit booking dominated. In the last couple of sessions Thursday and Friday the market remained under pressure, reflecting consolidation after strong gains. This phase is natural: investors are booking profits while watching global cues and flows. A lazy Nifty does not mean weakness; it shows digestion of earlier gains. The next move will depend on corporate earnings and actual implementation of reforms. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only.