FY26 GDP Projected at 7.5%; Nifty Holds 25,700 Amidst Market Volatility

Market
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CNBC TV18•13-01-2026, 18:54
FY26 GDP Projected at 7.5%; Nifty Holds 25,700 Amidst Market Volatility
- •Economists forecast India's FY26 GDP growth at 7.5%, with real growth exceeding 6.5%.
- •Indian markets closed in the red on Nifty expiry day, but showed signs of recovery from day's lows.
- •BSE Sensex ended 250 points lower at 83,628, while NSE Nifty decreased by 58 points to 25,732.
- •Nifty managed to stay above the 25,700 level due to a rebound in financial stocks.
- •Nifty Bank index rose by 128 points to 59,579, despite the broader market's negative close.
Why It Matters: Despite Nifty expiry volatility, financial stocks aided Nifty in holding 25,700, with strong FY26 GDP forecasts.
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