Lowered GST rate sparks buying opportunity for top Tata stock - discover the stock's name and estimated price
The stock market is poised for a positive opening today, according to recent predictions. Meanwhile, the world of business is abuzz with several significant developments.
In the realm of technology, Google has found itself in hot water, having been fined a hefty USD 381 million in France. This penalty comes as a result of an antitrust probe, marking a notable milestone in the ongoing scrutiny of tech giants.
Moving on to the financial sector, Goldman Sachs has made an intriguing prediction regarding gold prices. The investment bank has suggested a potential 50% rally in gold prices by 2026, a forecast that could have far-reaching implications for the global economy.
In the automobile industry, Indian manufacturers such as Tata Motors, Mahindra & Mahindra, Maruti Suzuki, Hyundai Motor, Toyota Motor, Suzuki Motor, Bajaj Auto, Hero MotoCorp, and TVS Motor could see record gains due to the reduction of GST, particularly on electric vehicles, hybrid cars, small hybrid cars, motorcycles, and motor scooters. Additionally, manufacturers of household appliances like LG Electronics and Sony could benefit from these GST reductions.
Navratna PSU has announced a record date for a high-dividend yield of 5% payment on each share. This move is likely to be welcomed by shareholders, who stand to benefit from this generous payout.
Westside, a subsidiary of Trent, is also making headlines, with the latest news discussing its significant developments.
In the world of stocks, a company has declared a stock split and dividend with a record date in September. The ex-date for a stock with a Rs 28.75 dividend, 10:1 stock split, 1:1 Bonus Issue, Right Issue is set for Monday, 8th September.
Lastly, the top 10 stocks suggested to buy after the GST rate cut include Hero MotoCorp, Trent, Maruti, HDFC Life, and more. These recommendations could provide investors with attractive opportunities in the current market climate.
Stay tuned for more updates as these developments continue to unfold.
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