Stock Advisory in Indore Sensex opens flat, Nifty holds above 9,900 on dismal Q1 GDP

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The benchmark indices were trading flat on Friday as the sentiment turned negative after country's economic growth plunged to 5.7% in April-June of the current financial year (FY18), the lowest in the three-year rule of the Modi government.

With this, India lagged China in terms of growth in gross domestic product (GDP) for the second consecutive quarter. The Chinese economy expanded 6.9% in each quarter. 

Overseas, Asian equities followed Wall Street’s gains overnight and edged higher, while the dollar’s advance slowed ahead of the US jobs report due later in the session.

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