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IIP November Data Comes Worse Than Expected at 2.7%

By Bhaveek Patel Leave a Comment

India’s industrial data comes worst than expected. In November, it came to slowest industrial growth of 2.7 than its average annual 11.3%.
Domestic markets reacted by giving up their early gains. Also inflation is now worrying market participants a bit more. The complete picture that comes in mind is, it will be bad time for the markets in near term.

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About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

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