GST cut lifts hopes, but demand uneven for retail sector: What’s the big worry?

What’s the outlook for the retail sector as festive sales gain momentum and GST new rates are expected to boost consumption levels? Well, Nuvama’s Q2FY26 preview is cautiously optimistic. They pointed out that the policy tailwind from quarter-end GST rate cuts has already begun to show in consumption patterns (most visibly in electronics) but a high base, volatile gold prices and lingering softnes…