Logically, all logistic stocks up!

Today, the GST Council, headed by the Finance Minister will be meeting the Commerce ministry and various industry representatives and the objective is to debate and look ahead at the probable hurdles it could face, in terms of implementation. The two-day GST Council among other things will deliberate on the issue of jurisdiction of assesses in the new regime.

This will be the eighth meeting of the council since it met for the first time on September 22, 2016. 

This is reason enough for the logistic stocks to rule in the green today, led by Gati, which is currently the top gainer. Up almost 8.5% at Rs.126.  Other stocks like Patel Integrated, Snowman Logistics, Gateway Distriparks, Allcargo, VRL Logistics, Chartered Logistics; all are up in the green zone.