Muted September for D-Street? Trends suggest caution for markets; GDP, GST and US tariffs send mixed cues

Historical data suggests a potentially subdued September for Indian equities, mirroring trends in US markets. Despite a positive opening driven by strong GDP growth, analysts advise caution due to upcoming macroeconomic events and significant foreign investor outflows in August. Nifty’s performance below 25,000 could limit upside potential.