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Data▲ Bullish for Indian equities
Industrial growth quickens to 8% in August on broad-based uptick
The brief
- Industrial production growth quickened to 8% in August
- 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 6.7% in July
- Dollar holds at two-month high as strong US manufacturing data lifts rate-hike bets