Sensex slipped 173 points or 1.3% to end at 15,238 while Nifty slipped 61 points or 1.3% to shut shop at 4,576. Indian markets faltered for the second straight trading session on Friday led by selling in the interest rate sensitive stocks. Even the Mid-Cap and the Small-Cap stocks witnes…
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Economy has bottomed out; see +ve IIP no in April: Expert
Posted on: April 10th 2009 in Press Releases.
The Index of Industrial Production (IIP) for February has come in at -1.2% as against 9.5% year-on-year and negative -0.5% month-on-month. Atsi Sheth, Chief Economist, Reliance Equities, said the worst was however behind the economy. “IIP at -1.2% was actually …
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