The government planned to sell Bharat Petroleum Corp Ltd, logistics firm Container Corp of India Ltd and debt-laden Air India before the end of the 2019/20 financial year.
At 12:45 am, the BSE S&P Sensex was up by 1,404 points or 3.7 per cent at 39,417 while the Nifty 50 was 410 points higher at 11,684.
The United States removed tariffs from more than 400 Chinese products in response to requests from US companies.
Earlier, petrol was being sold at Rs 73.62 in Delhi.
At 09:40 am, the Sensex was up by 851 points or 2.24% at 38,865.08, and the Nifty up 266.40 points or 2.36% at 11,541.90.
The prime minister said that the move will attract private investment from all across the world.
Finance Minister Nirmala Sitharaman said the effective corporate tax rate would be lowered to 25.17% from 30% and scrapped the minimum alternative tax for domestic companies.
Rose, who has worked at the Edinburgh-based giant for 27 years, takes the helm amid a period of heightened global turmoil that includes Brexit, the US-China trade war, and faltering economic…
At 12:10 pm, Sensex was trading at 38,034.09, up by 1,940.62 points or 5.38% while the Nifty up by 561.40 points, currently at 11,266.20.
Spot gold was up 0.3% at $1,503.20 per ounce, as of 03.53 GMT, and was on track for its first weekly gain, having risen nearly by 1% so far this week. U.S. gold futures were also up by 0.3% at $1,…
The broader NSE Nifty was up 0.21% at 10,727.6, as of 0412 GMT on Friday, while the benchmark BSE Sensex was trading 0.3% higher at 36,205.52.
The measures include a review of import tariffs on certain items ahead of Prime Minister Narendra Modi's visit to the United States, the sources said.
'MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.15 per cent though it is on course to post its first weekly decline in five, hit by sizable losses in Hong Kong and India.'
"The Indian economy remains a preferred habitat for foreign direct investment (FDI) and is among the top 10 destinations for greenfield projects," said RBI Governor Shaktikanta Das.
Budget carrier SpiceJet has about a dozen Boeing 737 MAX planes in its fleet and a total of 155 on order - among the largest single orders for the narrow-body plane.