Mumbai, Feb. 27 -- Indian equity markets enter the next week with a significant boost from domestic macro data, despite persistent global trade anxieties.
The headline event was India's Q3 FY26 GDP growth, which came in at a robust 7.8% under the newly revised 2022-23 base series, comfortably beating the widely reported estimate of 7.4%. This resilience is further supported by a cooling inflation trajectory, with January CPI settling at a multi-month low of 2.75%.
While domestic fundamentals appear rock-solid, global cues remain a mixed bag. Latest data showed that the U.S. core PCE remained sticky at 3.0%, while China's factory activity slipped into contraction with a January PMI of 49.3, signaling fragile global demand.
Going ahead, ...
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