Will GST revamp drive lasting gains or just short-term spurts in markets?

Indian stock indices closed slightly higher on Thursday. Early gains, driven by GST changes, faded as investors booked profits. Consumer goods and auto shares initially rose but later declined. The Nifty and Sensex saw marginal increases. Mahindra & Mahindra was a top gainer. Investors are awaiting stronger demand signals. Foreign investors were net sellers, while domestic investors bought shares.