India’s consumption tax cuts, hailed as a major reform, have yet to impress the stock market, overshadowed by concerns like US tariffs and implementation challenges. While some sectors like autos may benefit, broader investor sentiment remains cautious due to complexities in the new tax structure and uncertainties surrounding consumer spending and global economic headwinds.
Hindustan Copper shares jump 7% after Q2 profit zooms 182% YoY to Rs 518 crore
Hindustan Copper’s stock experienced a surge following the announcement of its exceptional Q2 FY27 results. The consolidated net profit skyrocketed to Rs 518 crore, marking