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Capital goods turn corner, Jan IIP rebounds from Dec lows: StanC

The industrial output data in the month of January shows that there is a rebound from the contractions in the month of December. Capital goods output gave a positive surprise at 10.7 percent. According to analyst Anubhuti Sahay, the drag down in cables and wires has faded which has pushed the capital goods number on the higher side.

first published: Mar 10, 2017 07:11 pm

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