The Goods and Services (GST) Council, which met in Guwahati for a 2-day meet starting Thursday of last week, has decided to keep only 50 luxury and 'sin' goods like tobacco in the highest slab.
Bank Nifty was the top performing sector which was up 1.32 percent led b y ICICI Bank and Bank of India while on the other hand, from the midcap space, Havells India added 2.28 percent while Power Finance Corporation was up over 3 percent.
The midcap index was the outperforming sector in the early hours of trade led by Biocon, Bharat Financial Inclusion, JSW Energy and Hindustan Zinc while Bharti Infratel followed by Hindalco Industries and Sun Pharmaceutical Industries were the top gainers.
Rajat Bose of rajatkbose.com is of the view that one may hold Gillette India.
According to Vijay Chopra of enochventures.com, one may stay invested in Gillette India.
According to Prakash Gaba of prakashgaba.com, one may hold Gillette India.
SP Tulsian in an interview to CNBC-TV18 shares his fundamental outlook on stocks like Eicher Motors, Gillette India, UP Sugar companies and others.
Jagannadham Thununguntla, SMC Global, says that Honeywell Automation has the makings of all a perfect case study of delisting case.
Rajesh Jain, Independent Market Strategist feels that one should play Hindustan Unilever (HUL) solo rather than try and buy it.