How Nifty Futures Moved Post 7.1% GDP Growth Announcement

Gross domestic product (GDP) expanded 7.1% in the second quarter of the fiscal year, down from 8.2% in the April-June period, data released by the statistics office showed. Slower manufacturing growth and 2.4% contraction in mining contributed to a decline in growth.

On Monday Morning 3rd Dec 2018 Nifty Futures opened positively followed by Extreme Global Bullish Sentiment, however, price topped out in the very first minute since then Nifty Futures approximately drowned 342 points since the News on 7.2% GDP growth.

So what do you think about trading such extreme positive news factors? Record your comments below.

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