Nifty 50 rises on strong GDP growth data
after close1 source ↓written by the desknot a recommendation
- in the last
- 8.2% GDP growth
- exceeding expectations
- 7.4%
The Nifty 50 Index is near its all-time high, trading at ₹26,200, just below the year-to-date peak of ₹26,300. This follows a robust 8.2% GDP growth in the last quarter, exceeding expectations of 7.4%. However, analysts caution about valuation risks amid a slipping rupee and ongoing tariffs against the U.S.
Not investment advice. For informational purposes only.