Indian Stocks Dip Despite Strong Growth

  Published 1 year ago

Indian equity benchmarks opened lower on Monday, pulled down by metals and IT stocks despite positive economic growth data. Concerns over US trade policy, specifically increased tariffs, contributed to the downturn, impacting broader market sentiment.

  • Nifty 50 and Sensex fell ~0.8% in early trade.
  • The metal and IT sectors led the losses.
  • India's Q1 GDP grew 7.4%, overshadowed by trade fears.

You might like these

Punjab Chemicals Posts Strong Q1 Surge

FinTechs Driving India’s Digital Future

Alibaba Surges on AI Model Launch

Zee Shareholder Vote Blocks Fund Plan

Markets Dip on Trump Tariff Threat, Mixed Earnings

PGEL, PAX Begin Local POS Production

Critical Mineral Supply Chain Risks

News that matters the most ⚡