Its high time to evaluate the impact of quarterly GDP Growth with the Nifty Index Futures.
Gross Domestic Product continued its downward spiral for the seventh consecutive quarter, falling to 4.5 percent in the second quarter (July-September) of the year 2019-20. However, markets are trading very close to the all-time high despite spiralling economic growth.
In reality, there is absolutely less correlation between GDP growth and Nifty price movement. However, most of the GDP announcements dates are highly correlated with a short term trend reversal.