Stocks climb as GST Bill optimism lifts logistics firms


Stocks climbed for a fourth day in volatile trading amid renewed optimism that the goods and services tax bill, one of the country's biggest economic reforms in decades, could be passed in the parliament session beginning next week. Gati surged 9.

5 per cent to a 11-month high and Transport Corp of India rallied to a record, pacing gains among logistics companies that would benefit from the unified tax bill. Canara Bank led state-owned lenders higher on speculation the yet-to-be-named central bank chief will lean towards a looser monetary.

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