Sensex Falls Over 350 Points, Nifty Trades Below 16,600; GDP Data In Focus

Indian equity benchmarks on Tuesday traded lower in opening deals ahead of the gross domestic product (GDP) numbers for the quarter ending March 31, 2022.

Indian equity benchmarks on Tuesday traded lower in opening deals ahead of the gross domestic product (GDP) numbers for the quarter ending March 31, 2022. Asian stocks fell after a hot inflation reading in Germany heightened fears of looming interest rate hikes.

Trends on the Nifty Futures on Singapore Exchange (SGX Nifty) indicated a gap-down start for the domestic indices.

The Q4 GDP data is due at 5:30 pm today.