New Delhi: With the GST Council deciding that life insurance and health insurance getting exempted from GST, the stock market investors resorted to heavy buying in insurance stocks on September 4, 2025. Also, FMCG, consumer durables and cement stocks were also in high demand as common use items from hair oil to ice creams and TVs will cost less.
Insurance stocks
At the time of writing this article below mentioned insurance stock skyrocketed:
- Star Health and Allied Insurance Company jumped over 9 per cent.
- Niva Bupa Health Insurance Company appreciated 9 per cent.
- ICICI Prudential Life Insurance Company gained 5.70 per cent.
- Life Insurance Corporation of India zoomed 5 per cent.
- ICICI Lombard General Insurance Company went up 5 per cent.
- HDFC Life Insurance Company surged 4.90 per cent.
- SBI Life Insurance Company climbed 4.88 per cent on the BSE.
- The stocks jumped after the Finance Ministry informed that the GST Council decided to exempt individual life insurance policies, whether term life, ULIP or endowment policies and subsequent reinsurance from GST.
“Exemption of GST on all individual health insurance policies (including family floater policies and policies for senior citizens) and reinsurance thereof to make insurance affordable for the common man and increase the insurance coverage in the country,” the official release mentioned.
FMCG stocks
FMCG, consumer durables and cement stocks rallied after the GST Council announced reduction of GST from 18% or 12% to 5% on items such as, hair oil, Sauces, Pasta, toilet soap bars, Bhujia, shampoos, coffee, toothbrushes, toothpaste, namkeens, instant noodles, chocolates, etc
- Britannia stock surged 7.18 per cent
- Dabur India climbed 6.14 per cent
- Colgate Palmolive rallied 5.21 per cent
- Emami jumped 4.62 per cent
- Hindustan Unilever advanced 4.34 per cent
- Nestle India climbed 3.63 per cent on the BSE.
- Consumer durables stocks
- Blue Star gained 4.57 per cent
- Whirlpool of India shares appreciated 4.19 per cent
- Amber Enterprises climbed 3.48 per cent
- V-Guard Industries went up 2 per cent
- Havells India jumped 2 per cent.
Cement stocks
The GST Council announced a reduction of GST from 28% to 18% on Cement. Industry players are of the view that the GST rate reduction on cement would support domestic manufacturers and also accelerate the pace of infrastructure development.
- Orient Cement rallied 2.97 per cent
- UltraTech Cement advanced 2.92 per cent
- Shree Cement climbed 2.75 per cent
- ACC went up 2.36 per cent
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