Next week could be a game-changer for the Indian stock market, with major events like the launch of GST 2.0, a big jump in H-1B visa fees, and fresh updates on the India-US trade deal set to shape investor moves. Foreign institutional investors (FIIs) will also play a key role in driving market trends.
Starting September 22, India rolls out GST 2.0, simplifying the tax system. The current setup with four rates—5%, 12%, 18%, and 28%—shrinks to just two slabs: 5% and 18%. This change cuts taxes on many everyday goods, putting more money back in consumers’ pockets right away and boosting sectors like retail and manufacturing.
Over in the US, President Donald Trump just announced a steep hike in H-1B visa fees to $100,000. This hits hard for Indian professionals, who make up a huge chunk of the tech workforce on these visas. But the administration says it’s a one-time charge just for new applications, which might ease some worries for ongoing hires in the IT sector.
On the trade side, eyes are on the India-US negotiations. An American team is in India right now, and both sides report smooth, positive talks. Any good news here could lift investor confidence and spark rallies in export-heavy stocks.
Last week wrapped up strong for Indian equities. The Nifty climbed 0.85% to end at 25,327.05, while the Sensex added 721.53 points—or 0.88%—to close at 82,626.23. Sector-wise, the Nifty PSU Bank index stole the show with a 4.83% surge. Realty stocks jumped 4.43%, energy rose 2.31%, public sector enterprises (PSE) gained 2.19%, and services edged up 0.95%.
When it comes to big money flows, FIIs offloaded shares worth Rs 1,327.38 crore—the smallest weekly sell-off in a while. On the flip side, domestic institutional investors (DIIs) stepped in as net buyers, injecting Rs 11,177.37 crore to support the market.
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