Sensex and Nifty boomed in the most unrealistic manner today specially after looking at the downfall from last few weeks. Today at a press conference in Goa, Finance Minister Nirmala Sitharaman cut down the corporate tax rate.
Finance Minister in a brave move to boost the economy of the country cut down the corporate tax from approx 35% to nearly 22% for the existing companies. Any fresh investment after 1st Oct 2019 will be eligible for income tax at the rate of 15%.
#SENSEX posts biggest single day gain in last decade pic.twitter.com/ubJKNhj0vT
— BSE India (@BSEIndia) September 20, 2019
The announcement boomed the investor and the market went up by 1900 point in just 40 minutes. And in the intraday Sensex was up by 5.32% or 1921 points. This is the maximum highest single-day growth in a decade. With all this correction the market investors got richer by Rs 6,82,938.6 crore.
Biggest gain for Indian Investors in the last 10 years #Sensex pic.twitter.com/A8b32IMK6s
— Sanket (@Sanket98340031) September 20, 2019
The Sensex and Nifty kept the Twitter busy whole day.
#FinanceMinister#Sensex#EconomyBooster
After Finance Minister’s announcement,
IndustryWale be like:-
😂 pic.twitter.com/olGL2MH7ar— Kshitij Dhekane (@933bb9f891d4417) September 20, 2019
People who sold stocks of some domestic companies yesterday looking at #Sensex today pic.twitter.com/2j0O6a3Fdt
— Corporate Dalit (@CorporateDalit) September 20, 2019
Investors yesterday. Investors today#Sensex pic.twitter.com/CP62DaxRZ8
— SaŤaN (@66Beelzebub) September 20, 2019
if #sensex was a man , he will never disappoint his wife .#up_down_up_down
— Bran Stark (Weed Wala) (@Indian_Lounda) September 20, 2019
After #NirmalaSitaraman press conference. Stock holders & Investor be like. 👉”Kya se kya ho gye Dekhte Dekhte”.#Sensex#Nifty pic.twitter.com/cSoe5nXAQk
— अंशु कुमार (@anshukumar94) September 20, 2019
Mean while @RahulGandhi checking sensex is going up or not. #Sensex pic.twitter.com/SVCaMl6IHy
— Snehashis Mohanta🇮🇳 (@Thesnehashis09) September 20, 2019
Congress leaders right now #Sensex #economy pic.twitter.com/obvOp5R5n5
— Snehil Verman (@SnehilVerman) September 20, 2019
*Stock holders after earning lakhs of rupees*#Sensex #Corporatetax pic.twitter.com/DwE1LLTVBD
— Tweetera🐦 (@DoctorrSays) September 20, 2019
Investors transformation from 19th SEP to 20th SEP#Sensex pic.twitter.com/JfsSAaG8Vx
— Chozhalanattan (@Chozhalanattan) September 20, 2019
BJP trying to fix economy
😂😂😂😂😂😂😂😂😂😂😂#Sensex pic.twitter.com/5pOn6rCSGk
— Political Didi⏺ (@arrya19661275) September 20, 2019
reduction in #Corporatetax
Sensex :#corporatetaxcut #sensex pic.twitter.com/1HD2WGuWGz
— CHEEKU 🌼 (@Okay_Bye___) September 20, 2019
Are you watching the stock market?
After Finance Minister @nsitharaman‘s announcement of ₹1,45,000,00,00,000 stimulus package in terms of corporate tax & MAT waiver, #Sensex has zoomed by 1600 points in 45 minutes!!!
Diwali arrived a month ahead for investors?
— Kiran Kumar S (@KiranKS) September 20, 2019
Chamchas and Congressi after Finance Minister’s #Corporatetax cut announcement and #Sensex Highest gain in the 10 years pic.twitter.com/7JiX1hGLC4
— Sonam Mishra (@RebelSonam) September 20, 2019
Read: As Exit Poll Predict Modi 2.0, Sensex Is Up By 1500 Points And Pakistan Market Down by 750 Points.