GDP and Business News: Positive Economic Trends Forecast
GDP Insights and Market Movements
The latest GDP indicators and business news show positive momentum in financial markets. Analysts suggest that recent improvements in the economy, particularly strong FII inflow and healthy domestic macros, point to a bright outlook. Markets were supported following a significant 50 bps rate cut by the US Federal Reserve, which heightened expectations of a similar move from the Reserve Bank of India.
Key Macroeconomic Data on the Horizon
- PMI data releases from the US, Europe, and India
- US GDP, consumer confidence, and new home sales data analytics
- Further expectations surrounding Fed Chair Powell’s speech and US Core PCE data
Recent Market Performance
Domestic equities saw a solid rally, reaching new highs with Nifty touching 25,849 and closing up 434 points (+1.7%). However, midcap and smallcap sectors faced profit booking in the same timeframe. Despite mixed sectorial performance, areas like realty, private banks, and auto stocks thrived.
Tax Collections and Inflation Trends
Advance tax collections surged by 22.6% in the first half of FY25, reflecting a healthy economic environment, while WPI-based inflation fell to a four-month low of 1.31% in August. This combination of factors continues to invigorate market confidence.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.