Sensex, Nifty set for a strong start; Aurobindo Pharma, Apollo Hospitals, Axis Bank in focus

Indian benchmark indices BSE Sensex and NSE’s Nifty 50 are set for a strong start on Tuesday as investors cheer the government’s proposal to cut corporate tax rates to boost the economy. The two indices surged over 8 percent in the last two sessions.

Meanwhile, Asian shares traded little changed, while US futures rose over hopes of progress in US-China trade talks.

At 7.27 AM, the SGX Nifty futures traded 80 points, or 0.7 percent up at 11,681, indicating a positive opening for the Sensex and the Nifty 50.

Stocks To Watch: Aurobindo Pharma, Apollo Hospitals, Axis Bank in focus