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…

Technical View: Nifty needs clear breakout above 24,700 to sustain bullish momentum; Bank Nifty indicates bullish reversal

Weekly options data suggest that the Nifty 50 is expected to trade in the 24,500–24,800 range in the upcoming sessions.   Nifty Outlook for August 14 The Nifty 50 rebounded and witnessed a sustainable upside throughout the session, recouping all of its previous day’s losses and closing half a percent higher on August 13, ahead…