← Top stories
Data▼ Bearish for Indian equities
India's IIP growth may remain in single digits despite festive demand as weak monsoon, global risks weigh: Report
The brief
- Industrial production growth may remain in single digits in coming months
- Festive demand may help, while weak monsoon and global risks weigh on growth
- Slower industrial growth may weigh on Indian manufacturers and cyclical stocks
- August IIP Growth Jumps To 8% As Manufacturing, Power Output Surges
- India’s industrial output grows 8% in August as manufacturing expands 9%
- IIP growth comes in at 8% in August compared with 7.4% in July
- Dollar holds at two-month high as strong US manufacturing data lifts rate-hike bets