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India growth resilient, markets near correction: HDFC Securities

Posted on April 20, 2026
By Business News Today
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1 min read

India growth resilient, markets near correction: HDFC Securities

India's economy is set for robust growth. Real GDP is projected at 6.5 percent for FY26-FY27. Nominal GDP will expand between 10 to 11 percent. Inflation is expected to ease to 4.5 percent. Fiscal deficit targets are set at 4.3 percent. Retail investor participation remains strong. Markets may be nearing the bottom of the current correction cycle.