BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
After a seven-month hiatus of sub-6% YoY growth, preliminary estimates of our in-house Economic Activity Index for India's real gross value added (EAI-GVA) suggest a sharp uptick of 8.2% YoY in April 2022 (versus 5.5% in March 2022), led by faster growth in both farm as well as non-farm sectors.
Additionally, even EAI-gross domestic product grew at an eight-month high of 9.1% YoY (versus 7.7% YoY in March-22) driven by strong investments and private consumption expenditure.
EAI-GVA details suggest that the farm sector grew 7.6% YoY in April-22 (versus 2.3% YoY in March-22).
Besides, even the nonfarm sector grew at an eight-month high of 8.2% YoY, fueled by faster growth in both services and industrial activities.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
