According to the IIP data, factory output had registered a growth of 4.9 per cent in July 2019.
September 12, 2020The decline was led by automobile companies, however, FMCG and pharma stocks gained. At 9.19 a.m., the Sensex traded 175.19 points lower at 36,806.58, from its Friday's close of 36,981.77.
September 9, 2019The ongoing earnings result season, along with macro-economic inflation and trade data points, are expected to influence the Indian equity market next week. Market observers opined that global crude oil prices and the rupee’s movement against the US dollar will act as other major triggers. “Markets next week will continue to focus on earnings of …
Continue reading "Quarterly results to influence equity market’s movement"
January 14, 2018A healthy performance of the manufacturing sector accelerated India's factory output last month, official data showed on Monday. The factory output, as per the new Index of Industrial Production (IIP) with revised base year of 2011-12, has grown by 3.1 per cent during April from a rise of 2.7 per cent reported for March 2017. …
Continue reading "India’s factory output accelerates in April"
June 12, 2017Country’s Index of Industrial Production (IIP) or factory output slipped by 1.2% on year-on-year basis for the month of February, Ministry of Statistics & Programme Implementation said on Wednesday. The IIP now stands at 182.3, down 1.2%, as compared to February 2016. Sector wise, mining sector grew by 3.3 per cent, manufacturing sector fell by …
Continue reading "Factory output sinks 1.2% in February"
April 12, 2017Descibing the official data on the index of industrial production (IIP) for November 2016, during which demonetisation was announced, as a "false positive", Crisil Research has said that the latest IIP figures do not reflect the true condition of the Indian manufacturing sector. Belying popular expectations, India's factory output, as measured by the IIP released …
Continue reading "November IIP ‘false positive’, doesn’t reflect reality: Crisil"
January 22, 2017Descibing the official data on the index of industrial production (IIP) for November 2016, during which demonetisation was announced, as a "false positive", Crisil Research has said that the latest IIP figures do not reflect the true condition of the Indian manufacturing sector. Belying popular expectations, India's factory output, as measured by the IIP released …
Continue reading "November IIP ‘false positive’, doesn’t reflect reality: Crisil"
January 22, 2017