Sandeep Ashok Gupta of Motilal Oswal said GST would create disruption in the near term but will also create opportunities in equity markets.
According to him, those likely to emerge as gainers are consumer stocks like Pidilite Industries, Asian Paintsand Century Plyboards; autos like Hero MotoCorp, Amara Raja Batteries and Exide Industries; multiplexes like PVR and Inox; media companies like Dish TV; retail stocks like Shoppers Stop; and logistics companies like Transport Corporation of India and Gati.
Companies likely to be adversely impacted are Hindustan Media, DB Corp, Jagran Prakashan, HT Media and Ashok Leyland, Gupta feels.
The Government of India successfully launched Goods & Services Tax (GST) in the midnight of June 30, 2017.
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