GST: Logistics stocks gain after cabinet clears GST bill

Logistics companies Gateway Distriparks gains 5.6 per cent, Snowman Logistics up 7.8 per cent, Gati rises 6.7 per cent and Container Corp of India up 3.1 per cent.India's cabinet clears bill for nationwide sales tax.Lower tax rate and fast movement of goods and inventories will help logistics providers - analysts.