October IIP: Brokerage expectations
India's industrial production is likely to dip to over two year lows in October. Consensus forecast pegs October IIP at -0.8 per cent, which will be the lowest in 28 months. While brokerages have estimated the range of IIP between -5 per cent and 3.2 per cent, reports suggest October IIP growth could be -5 per cent to -7 per cent.
