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Asian Market Updates

Sensex, Nifty Seen Opening Up After Strong GDP Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Indian shares look set to open on a positive note on Monday as new data suggested the Indian economy remains on a solid footing.

The GDP print for the first quarter stood at 7.8 percent, the highest in five quarters and coming well above the consensus estimate of 6.8 percent.

Traders may also react to Prime Minister Narendra Modi's first visit to China in 7 years, with both leaders stressing that India and China are "partners, not rivals".

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Market Analysis

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.