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This Article is From Dec 30, 2021

India Chartbook For December - Dolat Capital

India Chartbook For December - Dolat Capital
A tree is reflected in a puddle as traffic stands at a junction in front of the South Block of the Central Secretariat buildings (Photographer: Anindito Mukherjee/Bloomberg)  

BQ Blue'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 BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

The macroeconomic data for October-November 2021 is impacted by global supply disruptions and waning of low base effect of Covid-19 led lockdowns.

Consumption indicators alludes to some recovery in demand, particularly rural demand, though overall demand metrics still remain below pre pandemic levels.

Credit growth has seen a gradual pick up, led by improved demand for loans from industry.

Expect for cement, key industrial sectors witnessed muted production growth for Oct 21- index of industrial production (up 3% YoY), durables (down 6%), steel (up 1%), cement (up 14.6%).

Supply-side bottlenecks, especially related to coal and chips in the automobile sector, along with subdued investment and consumption weighed on the IIP despite festive demand.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint 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 BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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