On a weekly basis, the rupee ended marginally lower at 70.94 on September 20 against the September 13 closing of 70.91.
After remaining sideways for the first four days’, the market gave three cheers for the government announcement of the corporate tax cut on September 20.
On Friday, the Sensex surged 1,921.15 points or 5.32 percent at 38,014.62, while Nifty gained 569.40 points or 5.32 percent at 11,274.20, the biggest single-session gains in the last 10 years.
domestic manufacturing companies.
Finance Minister also re-called the additional surcharge on capital gains by foreign portfolio investors (FPIs) and buyback tax on listed firms.
On the global front, the resumption of trade talks between US and China also boosted the investors' sentiments.
Last week, the Sensex added 629.63 points (up 1.7 percent) to end at 38,014.62, while Nifty rose 198.3 points (up 1.8 percent ) at 11,274.2
On a weekly basis, the Rupee ended marginally lower at 70.94 on September 20 against the September 13 closing of 70.91.
The S&P BSE Midcap index surged 3.3 percent and S&P BSE Largecap Index added 1.89 percent, while the Smallcap Index was up 1.47 percent last week.
The Nifty FMCG index outperformed the sectoral indices with a gain of 4.3 percent during the week.
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