Markets Show Volatility Amid Global and Domestic Factors: Indian stock markets experienced sharp swings, with strong rebounds driven by positive GST reforms and banking sector gains, while external pressures like US tariff threats and fund outflows triggered declines, highlighting sensitivity to global cues.

 

  1. Market Slide: Nifty slumped sharply on expiry day, closing below 24,600 as banks dragged.

  2. Strong GDP: Economy grew at 7.8% in Q1, though nominal growth slowed.

  3. Tech Self-Reliance: First indigenous chip unveiled; major investments pledged in deep-tech.

  4. Clean Energy Record: Renewable output surged 20%, cutting fossil fuel dependence.

  5. Global Strains: PM critiqued "economic selfishness"; defence ties with Russia strengthened amid US tensions.

Sensex fell 706 points (0.87%) and Nifty dropped 211 points (0.85%) due to worries over U.S. tariffs impacting exports and economic growth