India's GDP Grew At 7.8% YoY In Q1, But Caution Ahead Says Dolat Capital — Read Report

The latest GDP figure comes as a surprise and India’s equity market is expected to react positively. With the anticipated GST rate cuts ahead of the festive season, a much-needed revival in consumption is expected.This could act as a key catalyst for the long-overdue demand recovery. In turn, corporates are likely to step up their investment activity, further reinforcing the growth momentum.