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Shareholder Lock-Ins: Most of these stocks whose shareholder lock-ins end on Monday, March 3, have corrected between 35% to as much as 70% from their post-listing highs.

India’s GDP data, released on Friday, indicates a steady economic recovery, driven by growth in consumption and employment-heavy sectors. The question, however, is whether this revival can curb the ongoing stock market sell-off. This piece examines key positives from the latest GDP figures and their potential to restore FPI confidence in India’s growth story.

88 stocks on the Nifty Midcap index ended lower on Friday, while 94 of those ended in the red on the Nifty Smallcap. The Midcap index is down 22% from its peak, while the Smallcap index has already shed 25% from the top.

A ramp-up in fiscal spending is expected to be announced at the National People’s Congress to bolster domestic demand, as well as measures to defuse a property crisis and put an end to the deflationary spiral.