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Daily Market Update
 

 

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Ltd & Nag Yang Shoes Pvt Ltd - Property 1

Latest News

RBI MPC
In the RBI MPC meeting held on 4- 6th February,2020, the committee unanimously decided to keep key policy rates unchanged– Repo rate at 5.15%, Reverse Repo at 4.90% and Marginal Standing Facility (MSF) at 5.40%. The “accommodative” stance of monetary policy was also maintained.
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CPI
Headline CPI inflation for January 2020, printed at 7.59%, as compared to the previous print of 7.34%. The spike in headline inflation was mainly due to the rise in food inflation at 12%.Core CPI Inflation climbed to 4.2% from a previous print of 3.7%
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Index Of Industrial Production (IIP)
The index of industrial production (IIP) once again entered negative territory for December 2019 posting a growth of -0.3%. Under the sector-wise classification apart from Mining which posted a positive growth of 5.4%, Manufacturing and Electricity posted a growth of -1.2%, and -0.1% respectively.
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