Sensex, Nifty set to rally; Petronet LNG, Reliance Capital, Cipla, Biocon in focus
Episode 340, Sep 23, 2019, 02:48 AM
Indian shares are set to rally on Monday after finance minister Nirmala Sitharaman reduced corporate tax rates for domestic companies and new manufacturing companies.
On the global markets' front, Asian shares also advanced following progress on US-China trade negotiations after the two sides said talks were productive and constructive.
At 8:16 AM, the SGX Nifty futures traded 151 points, or 1.33 percent, higher at 11,491, pointing to a strong opening for the Sensex and the Nifty 50.
Stocks To Watch: Petronet LNG, Reliance Capital, Cipla, Biocon in focus.