India’s industrial output growth remains unchanged at 4% in September

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Manufacturing output expanded 4.8 per cent during September, while the electricity sector grew 3.1 per cent. In contrast, mining activity slipped 0.4 per cent during the period The Index of Industrial Production (IIP) growth stood at 4 per cent in September, unchanged from August, supported by growth in the manufacturing sector, according to data released…

Technical View: Short term selling pressure likely if Nifty breaks 25,400, VIX remains favourable for bulls

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The above weekly options data suggests that the Nifty 50 may trade in the 25,300–25,600 range in the near term, while the broader trading range remains at 25,000–26,000. Nifty Outlook The Nifty 50 remained lacklustre throughout the session and closed flat on July 7, as market participants awaited the US-India trade deal and maintained caution…