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Business
India Industrial Output Surpasses Forecasts Again, Boosting Market Sentiment
✍️ Moneycontrol.com
🗓 29 Sep 2026, 03:49 PM
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India's latest industrial production data outperformed analysts' expectations, marking a second consecutive rise and reinforcing confidence in the economy's resilience.
On Tuesday, the Ministry of Statistics and Programme Implementation released India's industrial production figures for the first quarter of FY2027, showing a growth rate that exceeded market forecasts.
The index rose higher than consensus estimates, marking the second straight quarter of positive momentum.
The stronger-than-expected output has buoyed investor sentiment and contributed to a rally in the benchmark BSE Sensex and NSE Nifty indices.
Despite the upbeat data, Nomura's research team cautioned that growth in the second half of FY2027 may slow, urging investors to remain vigilant.
The index rose higher than consensus estimates, marking the second straight quarter of positive momentum.
The stronger-than-expected output has buoyed investor sentiment and contributed to a rally in the benchmark BSE Sensex and NSE Nifty indices.
Despite the upbeat data, Nomura's research team cautioned that growth in the second half of FY2027 may slow, urging investors to remain vigilant.