Markets Cheer Strong GDP Buzz! Nifty & Bank Nifty Soar, Midcaps Lead the Charge

Indian equity markets are trading firm in the green, buoyed by optimism ahead of strong Q1 GDP data. The Nifty is up by 110 points while Bank Nifty has gained 190 points. The standout performer is the Nifty Midselect, surging 1.61% or 200 points, reflecting broad-based strength in the midcap space. Sectorally, Nifty FMCG and Nifty Media are the only indices trading in the red, while others witness healthy gains. On the stock front,

leads the Nifty50 pack, advancing over 2.2%. Key drivers for today’s rally include strong Q1 GDP growth, positive sentiment after a US court ruled Trump-era tariffs illegal, and optimism around PM Modi’s participation in the SCO Summit in China. ________________________________________ 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.