An evening walk down D-St: Market closes nearly 3% higher; investors richer by Rs 10 lakh crore in 2 days

Episode 1709,   Sep 23, 2019, 11:40 AM

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The positive sentiment, built after the cut in the corporate tax rate, remained intact as the benchmark indices clocked strong gains for the second consecutive session on September 23 despite unsupportive global cues.

The Sensex and the Nifty started the expiry week on a strong note buoyed by improved domestic sentiments after the government announced yet another set of measures last week.

After a gap up opening, Sensex remained in the positive terrain throughout the session, eventually closing the day with a robust gain of 1,075 points or 2.83 percent, with 16 stocks in the green and 14 in the red.

The Nifty index jumped 326 points or 2.89 percent to settle at 11,600.20. Among the 50 stocks in the index, 32 logged gains.