Sensex, Nifty may hit fresh lifetime highs if GST Bill gets through Parliament

The Goods and Services Tax (GST) Bill has finally entered the last mile with it slated to be taken up in Parliament on Wednesday. Many on the Dalal Street believe the headline indices Sensex and Nifty will hit fresh highs if the GST Bill sees the light of the day, the likelihood of which has strengthened with government including the demands of the states and opposition parties in the fresh Bill.
The market has been on a wobbly road, largely upward, as it awaited the GST since the beginning of the monsoon session. Experts believe the positive sentiment in the market has mostly been built on the hopes that GST will get a green signal.