The IIP figures plunged down to 5.6% and recorded one of the worst figures in the past one year with the exception of June’10 where it recorded a similar growth. It registered a growth of 10.4% on a y-o-y basis. The released data was very poor compared to the market expectations and half of Reuters’ [...]
Posts Tagged ‘iip’
Industrial porduction @ 13.8% beats market expectations
September 12th, 2010
Praveen Bajaj  The IIP rose 13.8%, at the fastest pace since April compared to the previous month’s growth of 5.76% (revised). The production index registered a growth of 7.2% on a y-o-y basis. The released figure was much above the market expectations and nearly double the analyst’s forecast of 7.7% and also higher than the previous month’s [...]
Industrial Production rises 7.1% in June’2010
August 13th, 2010
Praveen Bajaj  The IIP expanded at 7.1%, the slowest pace in 13 months compared to the previous month’s growth of 11.35% (revised). The production index registered a growth of 8.3% on a y-o-y basis The IIP was almost in line with the expectations. The market was neutral to the data release and the benchmark equity indices [...]
Weekly equity update June 5, 2010
June 5th, 2010
Praveen Bajaj Dear readers, we have been publishing weekly review of major market movement to enable our readers to take better investing decisions. I hope these reviews are informative. Markets gained for a second consecutive week to reach 17,117 on Friday, rising 1.5% over the last week. The week saw a lot of good news for the [...]
March IIP Update
May 14th, 2010
Praveen Bajaj The IIP registered a growth of 13.5% for the month of March’10. The same index registered a growth of 2.3% y-o-y in Mar’09 and a growth of 15.1% in the month of Feb’10 The IIP figure once again registered a growth below the street expectation of 15.1%, weighed down by a partial withdrawal of stimulus measures ad [...]
India Inflation : WPI March 2010
April 16th, 2010
Praveen Bajaj The WPI for the month of January stood at 9.90% against 1.20% in the corresponding month of the last year. The same figure posted 9.89% in the previous month. The figure released was below market expectationswhich was pegged at around 10.37% The figure registered increased at the fastest pace in 17 months, driven by higher [...]
IIP Data for January 2010
March 14th, 2010
Praveen Bajaj The IIP figure for Jan’10 grew at 16.7% compared to -0.5% in Jan’09 on a y-o-y basis. The same index registered a growth of 17.6% (revised) in the last month yoy. The figure was not surprising as it was in line with the market’s expectation In terms of industries as many as 14 out of [...]




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