The April IIP number came in at 6.3% versus 7.3% in March as per the old series. A CNBC-TV18 poll had expected the April number at 5.1%. The Central Statistical Organisation (CSO) has launched a new series of IIP today.
April IIP grows at 6.3% as per new series Sajjid Chinoy of JPMorgan and Samiran Chakrabarty, head of research, Standard Chartered Bank gave their views on how they are reading the IIP data and how they see the market reacting to these slower than expected numbers. Below is a verbatim transcript of their comments with CNBC-TV18Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
