Friday, September 20, 2019

Tax break-dance: In its 2nd biggest rise ever, sensex rockets 1,921 pts

Markets roared back to life on Friday, with the Sensex posting its biggest single-day jump in over a decade at 1,921 points. In the process, ​investors' wealth soared by a staggering Rs 7.1 lakh crore, after finance minister announced a cut in corporate tax rates​​. ​Among the sensex stocks, HDFC Bank, up 9.1%, was the biggest contributor to the index’s gain.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/31PD7Ep
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