Tuesday, August 12, 2008

Markets trading lower; June IIP nos at 5.4%

Markets are trading lower as bank, IT, auto, metal and realty stocks are trading weak. June IIP numbers were down at 5.4% versus 8.9% (YoY).

IIP nos hilghlights

  • June Industrial Growth at 5.4% Vs 8.8%(YoY)
  • June Infrastructure output at 3.4% Vs 5.2% (YoY)
  • Manufacturing growth stood at 5.9% Vs 9.7% (YoY)
  • Consumer goods growth stood at 10%.
  • Mining growth stood at 2.9%.
  • Electricity growth stood at 2.6%.
  • May Industrial growth has been revised to 4.1% Vs 3.8% earlier.

source

moneycontrol.com

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