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● Neutral for Indian equities
New indicator for New India: 25 stocks whose numbers can reveal what is in store for the economy and the stock market
The brief
- The report identifies 25 stocks as indicators of consumer and economic trends
- India’s industrial output grows 8% in August, manufacturing rises 9%
- IIP growth comes in at 8% in August compared with 6.7% in July
- Dollar holds at two-month high as strong US manufacturing data lifts rate-hike bets