“Given the higher than forecast outcome for Q2, we are revising our FY2024 growth forecast to 6.2% from 6.0%,” said Aditi Nayar, chief economist, Icra. The growth in the second quarter is just a shade below the 7.8% growth registered in the first quarter and way higher than the 6.2% growth witnessed in Q2FY23. The economy grew 7.7% in the first half of the year.
Expect limited upside in near term, stick to stock-specific strategy; Vedanta, Motherson among top picks: CA Rudramurthy BV
Indian markets are struggling to maintain gains despite positive domestic news. Global factors and foreign selling are creating caution. Short-term traders are advised to reduce
December 10, 2025