Welcome to BreakOut by 5paisa, your morning market briefing before the action begins.

In this episode, we unpack fresh economic estimates projecting India’s GDP to grow 7.4% in FY26, driven by strong investment and manufacturing momentum, with the economy poised to cross the $4-trillion mark. We also break down why nominal growth is expected to moderate to around 8%.

On the markets front, benchmark indices extended their decline for the third straight session, even as midcaps and smallcaps outperformed. Sector trends remained mixed, with IT, pharma and consumer durables leading gains while autos, realty and telecom softened. We also track derivatives positioning, where weekly options data hints at continued caution, alongside a subdued India VIX.

Foreign investors continued to sell Indian equities, while domestic institutions stepped up as net buyers.

In the primary market, we highlight the upcoming IPO of Amagi Media Labs, a Bengaluru-based SaaS company eyeing a ₹1,789-crore issue at a valuation of over ₹7,800 crore.

Overnight global cues turned mixed, with Wall Street closing off earlier record highs, crude prices moving higher on Venezuela-related developments, and Asian markets opening on a mixed note.

Tune in for all this and more only on BreakOut by 5paisa, where we bring you everything you need before your trading day begins.