Maruti, M&M among analyst’s top picks as GST 2.0 comes into effect
India's auto sector drew attention on Monday as GST 2.0 came into effect. Advisor Nidhi Saxena of The Trade Bond said that the lower prices are expected to boost demand, with M&M, Maruti and some two-wheeler companies best placed to gain from this. However, she cautioned that risks remain in the form of input costs, interest rates and financing conditions.