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.