Benchmarks to swing on GDP growth data

Benchmark indices - the Nifty 50 and the BSE S&P Sensex — will remain in focus on Monday as the government is set to declare gross domestic product data for October-December quarter on Monday. India Ratings and Research expects the country to grow by 7.6 per cent in the quarter — the fastest pace of expansion in five quarters. If the data surprises market positively, shares will see some bounce back. However, weak data could impact sentiment adversely.