Top News, Nov 29: Nifty 50, Sensex makes strong recovery; Maharashtra CM tussle on, GDP growth slows to 2-year low
3 weeks, 3 days ago

Top News, Nov 29: Nifty 50, Sensex makes strong recovery; Maharashtra CM tussle on, GDP growth slows to 2-year low

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In today's Top News, we have strong recovery in the the Indian stock market, Maharastra caretaker Chief Minister Eknath Shinde reportedly delayed a crucial Mahayuti meeting in Mumbai amid suspense over Maharashtra CM; and more. Stock market today: Nifty 50, Sensex surge over 1% on gains in RIL, Airtel & pharma stocks Despite heightening geopolitical tensions, the Indian stock market made a strong recovery on Friday, November 29 as strong support from heavyweights such as Bharti Airtel, Reliance Industries, and ICICI Bank helped the frontline indices finish the last trading day of November in positive territory. India’s GDP growth slows to a near 2-year low of 5.4% in Q2 India’s two consecutive quarters of disappointing growth have left economists pinning their hopes on a rebound in the second half of the financial year, expecting higher government spending, the ongoing festival season, and robust rural consumption to serve up a glass half full. India's economic growth slowed to a near two-year low of 5.4 per cent in the July-September quarter of this fiscal due to poor performance of manufacturing and mining sectors as well as weak consumption, but the country continued to remain the fastest-growing large economy, data showed on Friday.

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