Positive impactEconomy
Govt support, benign inflation helped in Q1: Sonal Varma, Chief Economist, India & Asia (excl. Japan), Nomura
Economic Times 1 hr ago·20 Sept 2026, 6:48 pm
Nomura’s chief economist for India and Asia highlighted that the first quarter’s performance was buoyed by continued government support and relatively tame inflation, which together helped keep economic activity robust. The outlook suggests the economy will keep expanding, though the pace is likely to ease in the second half of the fiscal year.
The analyst projects growth of roughly 7.3% in the first half of FY27, slowing to about 6.7% later, leaving the full‑year rate close to 7%. For investors, this signals that corporate earnings may stay strong but could face modest pressure as growth moderates. Keeping an eye on upcoming GDP releases, fiscal policy moves, and the Reserve Bank’s stance on interest rates will be key to gauging whether the momentum holds.
Future watch‑points include the next set of inflation data, any new fiscal stimulus announcements, and the RBI’s policy meetings, all of which could influence market sentiment and earnings expectations.
Key takeaways
- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
