Skip to content
Timeline
IIPMAY 13, 2024

Industrial Production Growth at 5.00%

IIP for Mar 2024

0.2σ
NIFTY 50+0.74%vs T-60 baseline
USD / INR+0.06%vs T-60 baseline
INDIA VIX+9.37%vs T-60 baseline
Gilt Fund (10Y proxy)-0.15%vs T-60 baseline
Cross-Asset Reaction Window

The 10-year sovereign is shown as a gilt-fund proxy, whose value moves inversely to yields. Older events use daily closes, so the intraday windows then coincide with the daily close.

Surprise Analysis
Surprise Deviationvs consensus, σ-scaled
0.0σ

Actual Print5.00%
Consensus5.68%

Macroeconomic Assessment

Industrial output matched consensus.

Source: MOSPI — IIP
Cross-Asset Reaction MatrixExport CSV
Asset ClassT−60T+30T+2HT+1D
Nifty 50NIFTY · 1d-+0.22%+0.22%+0.74%
USD / INRUSDINR · 1d-+0.08%+0.08%+0.06%
India VIXVIX · 1d-+11.53%+11.53%+9.37%
Gilt Fund (10Y proxy)GSEC · 1d--0.06%-0.06%-0.15%