Q2 GDP shocker: Will stock market dance to the tunes of macro worries?

Stock market investors are facing heightened concerns as Q2 GDP growth of 5.4% marked its lowest in seven quarters, following the worst earnings season since June 2020. With the Sensex and Nifty down 7-8% from their peaks amid record FII pullouts, brokerages are lowering India’s GDP targets, which may soon impact the equity market outlook.