Indian markets perk up on Wednesday
Some of major gainers on Wednesday were Adani Ports, Asian Paints, Bharti Airtel, ITC, TCS and Coal India while SBI, Tata Motors, ICICI Bank, Cipla and BHEL figured among the major losers.
The macroeconomic data, published on Tuesday, revealed that India's economic growth accelerated to 7.9 per cent in the first quarter to surpass China's 6.7 per cent growth in the same period.
However, most experts agree that a good monsoon and increased private investments are critical for maintaining the current growth momentum.
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