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GST jitters spark sharp stock moves as Ola Electric slips and ITC climbs

Economy
Published on 24 April 2026
GST jitters spark sharp stock moves as Ola Electric slips and ITC climbs

Some shares rallied after GST rate cuts, others fell fast

Indian markets closed volatile, with IT, energy, and auto stocks weighing sentiment. Amid GST-triggered expectations and rate-related moves, select counters such as Atul Auto, Moschip, DOMS, and ITC saw gains, while Ola Electric, Delta Corp, and Nazara ended lower. Traders remained focused on how policy signals translate into near-term demand.

  • IT, energy, and auto stocks dragged the market end
  • GST-linked triggers powered gains in select companies
  • Ola Electric and other names slid on the day
  • Broad volatility suggested traders are still reacting to policy
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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