BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
Early data for January 2021 indicate that 69.7% of indicators were in the positive territory, up from 63.64% in December 2020 and 66% in January 2020.
However, final data for December 2020 suggest further improvement from preliminary indicators, with 69.39% of indicators in the positive territory.
The improved reading in January 2021 from last year’s level suggests that gross domestic product growth may turn positive in Q4 FY21 unless we see fresh rounds of lockdowns across large sections of the country going into March-21.
The rural story has largely sustained and government spending is holding up. Rural unemployment declined in January-21 and stood at 5.8%.
Urban unemployment also saw marginal improvement, but the unemployment rate stood at 8.1%.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR