mumbai motilal oswal financial services expects indias gross domestic product gdp to contract 67 per cent in the second quarter ended september lower than the 11 per cent fall expected by the wider marketin its ecoscope report on monday motilal said economic indicators show that the fall will be lower than what is expectedwe continue to believe that the fall could be lower at 67 per cent vis vis 239 per cent yoy contraction in 1qfy21 some indicators for sep20 such as eway registrations power generation mobility indices and auto sales also suggest that economic activity has continued to pick up an important factor to ponder over now is whether economic activity will start growing from octnov20 and continue after the festive season since the covid19 pandemic is still not contained in india and partial lockdowns continue the progress needs to be closely watched motilal said advt according to the recent bloomberg consensus the market expects another doubledigit decline of 11 per cent in indias real gdp growth in the second quarter after a 239 per cent contraction in the first quarter ended june 2020 et bureau published on oct 6 2020 at 0804 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app motilal oswal financial services market gdp economic activity economic indicators homenewsindustrygdp may fall by only 67 in q2 motilal oswal