Markets pause as GDP forecasts decline

India's GDP forecast has been officially revised lower, raising concerns. Sensex rose 234 points to close on the previous day at 78,199, while Nifty50 gained 91.85 points to close at 23,707.90. Jewellery sales surged, with Kalyan Jewellers reporting 41% YoY revenue growth and Titan's gold coin sales were up at 48%.

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