Friday, September 20, 2019

Why Sensex Zoom 1921 Points & Nifty 569 Points Intraday on 20 September?

On 20 September it was a superb day for Indian Stock Market and Investors as it was biggest intraday gain in a decade. Sennsex Zoom 1921 points while Nifty gains 569 points in a day. The indices skyrocketing on Friday as market welcomed Corporate Tax Cut.

The biggest gain in intraday noticed for companies like Hero MotoCorp., Maruti, IndusInd Bank, Bajaj Finance, SBI, M&M, HDFC Bank and Hindustan Unilever as the stock rises over 10% in intraday.

The reason for the stocks gain on Friday as Finance Minister Nirmala Sitharaman announced cuts in corporate tax rates. It was a biggest even of the week in the stock market. Banking, Metal & Auto Sector was in top gear today and added stock with a top gain.

Sensex & Nifty up over 5% in intraday. Check out the top Nifty gainers of the day.

Eicher Motors
Hero MotoCorp
IndusInd Bank
Bajaj Finance
Maruti Suzuki India
UltraTech Cement
Mahindra & Mahindra
Power Grid
Zee Entertainment