Indian markets cheered the announcement of corporate tax reduction with one of the biggest single-trading session gains in last 10 years.
Indian government has taken a major step towards helping the economy with reduction in corporate tax rate.
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.
Major Indian cities have witnessed decline in pending apartments for sale as developers reduced their investments in new developments.
Steps taken by Finance Minister to help real estate sector should show results in upcoming months.
Indian Stock Markets have been witnessing tough times, mainly due to global cues. The local companies have performed well in quarterly results but economic indicators suggest slower growth.
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