India’s GDP Is Booming at 7.8%: So Why Aren’t Nifty and Sensex Rallying?

India’s GDP expanded 7.8% year over year in the April-June quarter, beating the RBI’s 7% projection and the 7.1% market consensus. Yet the stronger reading failed to lift India’s largest equity benchmarks. On September 1, the Nifty 50 slipped 0.1% to 24,055.80, while the Sensex also finished marginally lower. That gap reflects what each figure […] Read The Full Article India’s GDP Is Booming at 7.8%: So Why Aren’t Nifty and Sensex Rallying? On…