Q4 GDP at 5.4% Full year at 6.5%

Wednesday, May 30, 2012

Not Bad for India Inc as the Dollar Support also clamps on and 4900 holds on the indices. The usual suspects, Agriculture at 1.4%, Mining at 4% and positive unlike the last IIP data report with overall GDP growth at 5% having probably been factored in already in the last emergency reratings by the Big Four on the indian Economy

this is a likely bottom too but individual quatrter performances now increasingly depend on support from the ever present Electricity , Utilities and Social Services with the Traverl and Transportation components which are the ones that perform every quarter. Hopefull, some lessons have been learnt for the longer run as well. 

 

Posted via email from The India Investment Post

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