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

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…

Nifty hits nine-month low, falls for seventh straight session; where’s the index headed?

  In the current session, Sensex gained 10 pts to 74,612 and Nifty slipped 2.5 pts to 22,545. Nifty closed at a nine-month low today, its lowest level since the close of 21,884 on June 4.   The benchmark Nifty50 closed lower for the seventh straight session on Thursday, dimming hopes of a recovery led…