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Auto stocks rally as Parliamentary panel bats for stimulus package, 10% cut in GST

Updated : December 17, 2020 11:51 AM IST

Nifty Auto index has rallied almost 20 percent since the start of October.
The sector needs a focussed stimulus package, the panel said, while recommending a 10 percent GST cut on new vehicles to offset price increase and stimulate demand.
Auto stocks rally as Parliamentary panel bats for stimulus package, 10% cut in GST

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