Indian stock indices traded firmly Friday morning, the last session before the weekend, after India reported more-than-expected GDP growth in the July-September quarter of the 2023-24 fiscal year.
After GDP data for the July-September quarter (Q2) were revealed on Thursday, Prime Minister Narendra Modi said that the growth numbers display the resilience and strength of the Indian economy adding that the government is committed to ensuring fast-paced growth.
Indian stocks were steady as the opening bell rang on Tuesday, largely due to the absence of any particular fresh cues. Investors in the US market too took a breather after the Thanksgiving holiday.
Coming down heavily on Rahul Gandhi's 'Mohabbat Ka Paigam in Nafrat Ka Bazaar' slogan, Bharatiya Janata Party leader Ravi Shankar Prasad on Thursday said that the recently released figures of the country's GDP growth rate belie the Congress leader's claims about the market of hatred.
BSE 30-share Sensex lost 262 points to 62,706.71 and NSE Nifty 50 dropped 69 points to 18,565.35 in morning trade on Wednesday. Some of the gainers on NSE Nifty were HDFC Life, Sun Pharma, Asian Paints, HCL Tech and Eicher Motors.
Talking about the coming week, Ajit Mishra, Vice-President Research, Religare Broking, said, "The coming week marks the beginning of the new month also so participants will be eyeing high-frequency data viz. auto sales, manufacturing PMI and services PMI data. Before that, the GDP data, sche
The National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation will come out with the data on the quarterly estimates.
New Delhi [India], August 31 (ANI): GDP data for the first quarter 2021-22 reaffirms the government prediction of an imminent V-shaped recovery, said Chief Economic Advisor (CEA), Krishnamurthy Subramanian, on Tuesday.
New York [US], June 14 (ANI): India's and Brazil's first-quarter 2021 real GDP data show a strong rebound in both economies following a contraction last year of 4.4 per cent in Brazil and 7.1 per cent in India, Moody's Investors Service said on Monday.
Mumbai (Maharashtra) [India], March 1 (ANI): Equity benchmark indices traded firm on Monday due to upbeat sentiment in global markets and India getting technically out of recession with Q3 GDP data showing 0.4 per cent growth.
Mumbai (Maharashtra) [India], March 1 (ANI): Equity benchmark indices traded firm during early hours on Monday on the back upbeat global sentiment and India getting technically out of recession with Q3 GDP data showing 0.4 per cent growth.