Discretionary & Lending Stocks Set to Gain from GST-Driven Demand Surge
Recent expert commentary suggests discretionary sectors (auto, RAC, consumer durables) along with NBFCs and consumer lenders are positioned to benefit from GST rate rationalization. As lower GST reduces product prices, demand for goods like air-conditioners, TVs, and two-wheelers is expected to rise. This, in turn, could increase usage of EMI financing and consumer credit. Stocks tied to auto component suppliers, financing arms, and durable goods distributors may see improved earnings as order books and credit off-take pick up post-festive season demand kick-off.
positive
28 days ago
Discretionary & Lending Stocks Set to Gain from GST-Driven Demand Surge
Recent expert commentary suggests discretionary sectors (auto, RAC, consumer durables) along with NBFCs and consumer lenders are positioned to benefit from GST rate rationalization. As lower GST reduces product prices, demand for goods like air-conditioners, TVs, and two-wheelers is expected to rise. This, in turn, could increase usage of EMI financing and consumer credit. Stocks tied to auto component suppliers, financing arms, and durable goods distributors may see improved earnings as order books and credit off-take pick up post-festive season demand kick-off.
positive
Discretionary & Lending Stocks Set to Gain from GST-Driven Demand Surge
28 days ago
1 min read
82 words
Discretionary and lending stocks may benefit from demand & financing uplift from GST cuts.
Recent expert commentary suggests discretionary sectors (auto, RAC, consumer durables) along with NBFCs and consumer lenders are positioned to benefit from GST rate rationalization. As lower GST reduces product prices, demand for goods like air-conditioners, TVs, and two-wheelers is expected to rise. This, in turn, could increase usage of EMI financing and consumer credit. Stocks tied to auto component suppliers, financing arms, and durable goods distributors may see improved earnings as order books and credit off-take pick up post-festive season demand kick-off.
Recent expert commentary suggests discretionary sectors (auto, RAC, consumer durables) along with NBFCs and consumer lenders are positioned to benefit from GST rate rationalization. As lower GST reduces product prices, demand for goods like air-conditioners, TVs, and two-wheelers is expected to rise. This, in turn, could increase usage of EMI financing and consumer credit. Stocks tied to auto component suppliers, financing arms, and durable goods distributors may see improved earnings as order books and credit off-take pick up post-festive season demand kick-off.