Govt defends GDP estimates, says revisions reflect data, not growth boost

India’s economy grew 7.8 per cent in real terms in the first quarter of fiscal 2026-27, according to the revised GDP series. The statistics ministry on Wednesday defended the methodology behind its newly released economic growth estimates, saying revisions to last year’s GDP and the divergence between different price measures reflect updated data and estimation…

Nifty at 22,000: 5 reasons Axis Securities believes market near a bottom

From key moving averages, momentum oscillators to historical price trends – Axis Securities in its report highlights the key metrics in its argument that the Nifty may be near a bottom this March.   The NSE Nifty 50 index has shed 7 per cent thus far in the calendar year 2025, and declined over 16 per cent…

Investor wealth falls below Rs 4 lakh crore for first time in nine months, should you ‘sell on rise’?

Market crash: Sensex ended 29 pts lower at 75,967 and Nifty closed 14.20 pts lower at 22,945 on Tuesday. The minor correction in the current session comes after a day of gains preceded by eight sessions of losses.   The ongoing correction dragged the market cap of BSE-listed firms below Rs 4 lakh crore (on…