The Sensex and Nifty are poised to open lower on Monday, in line with Asian peers as interest rate hikes by the global central banks have strengthened fears of recession.
The U.S. GDP contracted at a 0.9% annual pace in the second quarter of 2022, following a 1.6% annual drop in the March quarter
The Sensex and Nifty are poised to open with solid gains on Friday as shares in Asia and Wall Street rose despite negative GDP figures
The real Q1 GDP dropped mainly due to fall in private inventory investment, exports, federal government spending, and tapering of economic stimulus.
The BSE Sensex and the NSE Nifty are expected to open flat to lower on Friday, following muted trends on SGX Nifty.
