{"id":80834,"date":"2025-08-19T09:26:11","date_gmt":"2025-08-19T09:26:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/80834\/"},"modified":"2025-08-19T09:26:11","modified_gmt":"2025-08-19T09:26:11","slug":"indian-equities-set-to-open-higher-on-gst-reform-ukraine-summit-hopes-tradingview-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/80834\/","title":{"rendered":"Indian equities set to open higher on GST reform, Ukraine summit hopes \u2014 TradingView News"},"content":{"rendered":"

India’s equity benchmarks are set to open higher on Tuesday, building on gains from the previous session, led by optimism around proposed goods and services tax (GST) reforms and signs of a potential peace agreement between Russia and Ukraine.<\/p>\n

Gift Nifty futures (GIFc1) were trading at 24,963.5, as of 8:03 a.m. IST, indicating that the Nifty 50 \"\"\/NIFTY<\/a> will open above Monday’s close of 24,876.95. <\/p>\n

In the previous session, both the Nifty and Sensex \"\"\/SENSEX<\/a> jumped about 1% after the government outlined sweeping changes to the GST framework, bolstering expectations of stronger consumption and corporate earnings.<\/p>\n

The reform push comes alongside a more constructive geopolitical backdrop. Ukrainian President Volodymyr Zelenskiy said security guarantees for his nation could be finalised within 10 days following talks with U.S. President Donald Trump and European leaders. <\/p>\n

Trump later said he had spoken with Russian President Vladimir Putin and was working to arrange meetings with Zelenskiy, aiming to hold a trilateral summit.<\/p>\n

Wall Street equities were muted overnight ahead of the U.S. Federal Reserve’s Jackson Hole summit later this week, while Asian markets traded lower. <\/p>\n

“Indian market is drawing strength from multiple positives such as the potential GST reforms, S&P upgrade and easing geopolitical nerves after the U.S.-Russia presidential meeting,” said Trivesh D, chief operating officer at Tradejini.<\/p>\n

Analysts warned that uncertainty surrounding India-U.S. trade talks, which could be delayed, may cap near-term gains.<\/p>\n

Foreign portfolio investors (FPI) snapped a four-session selling streak in Indian shares on Monday, purchasing stocks valued at 5.51 billion rupees ($63.08 million). <\/p>\n

Domestic institutional investors (DII) purchased stocks worth 41.04 billion rupees ($470 million) and marking their 30th consecutive session of net inflows.<\/p>\n

STOCKS TO WATCH<\/p>\n

** Reliance Industries \"\"\/RELIANCE1!<\/a> says unit Reliance Consumer Products forays into healthy functional beverages by acquiring a stake in a joint venture with Natureedge Beverages <\/p>\n

** Hindustan Zinc \"\"\/HINDZINC<\/a> approves the setup of a metals reprocessing plant as part of plans to ramp up capacity <\/p>\n

** Vedanta’s \"\"\/VEDL<\/a> board of directors will meet on August 21 to consider a second interim dividend on equity shares for fiscal year 2026 <\/p>\n

($1 = 87.3440 Indian rupees)<\/p>\n","protected":false},"excerpt":{"rendered":"India’s equity benchmarks are set to open higher on Tuesday, building on gains from the previous session, led…\n","protected":false},"author":2,"featured_media":2628,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-80834","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/80834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=80834"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/80834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/2628"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=80834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=80834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=80834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}