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Indian stocks rally as Sensex, Nifty, and auto shares surge after S&P upgrade and GST reform push. See which stocks led the gains today!

State Bank of India will revise IMPS transaction charges for retail customers effective August 15, 2025. The online transactions above Rs 25,000 will incur charges ranging from Rs 2 to Rs 10 plus GST. Here's all you need to know.

Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.

Sensex and Nifty surge on GST reforms, positive economic news, and potential tariff relief, signaling strong recovery in Indian equities.

Indian markets closed higher on Monday as easing concerns over Russian oil supplies and optimism about GST reforms lifted sentiment. Sensex gained 676 points, while Nifty rose 246 points, with autos leading sectoral strength.

Prime Minister Narendra Modi convened a high-level meeting with key Union ministers, secretaries, and economists to discuss the roadmap for next-generation reforms, a key announcement from his Independence Day address. The meeting included deliberations on making India self-reliant across various sectors, from semiconductors to fertilizers, and the revision of GST laws, as envisioned by the Prime Minister.

India's headline indices ended with strong gains on Monday riding on the proposed GST reforms. Auto, FMCG and metal stocks led the bulls today. Nifty opened with a gap-up but faced initial resistance at 25,000, leading to an intraday decline due to profit booking at higher levels. Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said the sentiment remains positive, with the potential to revisit 25,000 in the coming days. "Immediate support is placed at 24,800, below which the index may drift towards 24,500. On the higher side, a decisive move above 25,000 could trigger a larger rally in the market," De said.Here are 2 stock recommendations for Tuesday: Stock Ideas

Sushant Bhansali highlights the positive impact of upcoming GST cuts on FMCG and consumer discretionary sectors, especially rural-focused companies. While short-term flows into defence may be limited due to government finances, long-term growth remains strong. Market entry is favorable now, with festive season demand and tax reforms boosting consumption and sentiment.

MUMBAI: Brokerages have hailed the proposed simplification and rate rejig of the GST regime saying, coming in the midst of the export tariff uncertainties this

Emkay Global has upgraded Niftys September 2026 target to 28,000, citing GST rationalisation as a landmark reform that boosts growth, earnings, competitiveness, and formalisation, with autos and cement as key beneficiaries.