The IIP (Index of industrial Production) numbers for the month of October 2008 has been announced.
The data realeased had recorded the growth Rate @ (-) 0.40% Versus 4.8% fot themonth of september 2008, month-on-month basis and 12.22% YOY
- Manufacturing output also turned into negative of 1.2% versus 13.8%
- The consumer goods also came in negative of 2.3% as against 13.7%.
- Mining output was up 2.8% versus 5.1% and capital goods output up 3.1% versus 20.9% (YoY).
Market breadth recorded a mixed trend; about 1067 shares have advanced while 1063 shares have declined. Nearly 1070 shares are unchanged.
