11:55 AM: The Indian market is trading with strong gains in the light of positive global sentiment

Market update: The Indian market is trading with strong gains in the light of positive global sentiment on hopes of a rate cut by the US Fed. Tata Steel, Tata Motors, Yes Bank, Vedanta and TCS are among the top gainers in the Sensex index.

Meanwhile, CNBC Awaaz reported, citing sources, that the Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman are planning a series of tax alignments for equities in the coming weeks in a bid to further boost investor sentiment and bring in much-needed foreign exchange into the government’s coffers.

News Source:- Moneycontrol

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