Indian markets have been on the strong footing after Finance Minister announced corporate tax reduction.

Corporate Tax Reduction is a major step in the right direction for Indian economy. This will not only boost popularity of Narendra Modi but will help business and economy in general.

Indian markets have witnessed slight pullback over the last few trading sessions and mid-cap stocks have gained momentum. Markets are expected to remain range-bound in the next couple of weeks.

Indian Stocks witnessed recovery on Friday and the week ended better than what majority of traders were expecting.

A high wave candlestick pattern is seen as Nifty ends the week and August month.

Nifty reverses as FM's measures boost sentiments while global markets also pull up as Trade war tensions that were sparked on Friday are seen easing down.