Indian markets opened with gains as focus remains on the upcoming GST meet, with expectations of rate cuts to boost consumption. The auto sector is a key area of focus, with stocks like M&M seeing significant upticks ahead of the festive season. An analyst noted the significance of the upcoming announcements, stating, "GST is the last lever which the government will possibly play out over the next few months." Other major corporate developments include TCS expanding its partnership with Scandinavian insurer Trig, and Indus Towers clearing a foray into African markets. Adani Power also saw a surge after receiving a nod from the coal ministry to begin operations at the Roli mine in Madhya Pradesh. PNC Infratech emerged as the top bidder for the development of Varanasi’s Lal Bahadur Shastri International Airport, while MOIL reported its highest-ever August output.
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