GST On Auto Should Be Reduced: Ajay Bodke, Prabhudas Lilladher Private
  • WebDesk BTVI
  • Jul 26 2019

Ajay Bodke, CEO & Chief Portfolio Manager, Prabhudas Lilladher Private, shares his views on persistent selling in bluechips dragging benchmark indices, and multi-quarter economic slowdown, thinks narrowness in indices shows that only 10-15 companies are holding up the market. Speaking on the slowdown in the auto sector and pointing that it significantly contributes to growth of economy, the expert says the government could consider cutting the GST from 28% to 18%.