The slew in economy boosting has led to an increase in domestic wealth investor by 2.11 lakh crore in morning trade on Friday as equity market rallied which was announced by finance minister Nirmala Sitharaman.
The BSE sensex advanced over 1,300 points to a high of 37,421.70
Followed by the spike in equities, the market capitalisation of BSE listed companies climbed Rs 2,11,086.42 crore to Rs 1,40, 79,839 crore.
The rupee also rallied to 66 paise to 70.68 against US dollars. The current corporate tax is also slashed to 25.17% after the announcement by the finance minister.