One of the biggest gains in the history of the Sensex, investors gain 7 million crore in 1 day


New delhi date. September 20, 2019, Friday

Finance Minister Nirmala Sitharaman today reduced the corporate tax rate for companies from 30% to 22%. After that, the stock market saw a sharp uptrend. In terms of points, today is the biggest upside. The Sensex had gained 2110 points on May 18, 2009. Today, the Sensex rose more than 2200 points. The Sensex closed at 38014 points with a gain of 1921 points. Nifty Bank gained 8.31%. The Nifty 50 closed at 569 points today. Investors' wealth increased by Rs 7 lakh crore today due to the stock market boom.

BSE's market cap increased by Rs 7 lakh crore due to today's market boom. In the last 10 years, the Sensex and the Nifty have been the biggest gainers in 1 day. Indeed, corporate tax cuts will increase the income of companies. He has to pay less tax. While the biggest gains have been recorded today in the Nifty Bank and Midcap Index. Today, most of the stock market shares are gaining momentum. At one point, the Sensex was brighter than 2200 points.

Comments

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

Information about soymilk and casein products

The brokerage firm objected to SEBI's new proposal regarding Algo Trading