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.

Stock
Change
Eicher Motors
+13.38%
Hero MotoCorp
+12.34%
IndusInd Bank
+10.94%
Bajaj Finance
+10.59%
Maruti Suzuki India
+10.54%
SBI
+10.11%
UltraTech Cement
+9.92%
Britannia
+9.72%
Titan
+9.26%
Mahindra & Mahindra
+9.19%
NTPC
-1.52%
TCS
-1.57%
Infosys
-1.63%
Power Grid
-2.68%
Zee Entertainment
-2.87%