India’s GDP Is Booming at 7.8%: So Why Aren’t Nifty and Sensex Rallying?
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India’s GDP expanded 7.8% year over year in the April-June quarter, beating the RBI’s 7% projection and the 7.1% market consensus. Yet the stronger reading failed to lift India’s largest equity benchmarks. On September 1, the Nifty 50 slipp…
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