The stock market started Monday with a sharp rise

September 23, 2019 - Rutvi Rao

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The stock market started Monday with a sharp rise. The Sensex has risen 5 points to 9, while the Nifty is also trading 5 points higher at 5,8. According to analysts, the government is seeing the effect of lowering corporate tax and announcing tax related concessions in the stock market. Friday also saw a record surge in the market following the announcement. On Monday, 21 stocks of the Sensex and 36 of the 50 Nifty stocks were up. ITC stock gained 8.5%. British paints increased by 8% and Asian paints by 7.5%. Larsen & Toubro’s shares have risen over 7%.

Rutvi Rao

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