Timeline
IIPDEC 12, 2023

Industrial Production Growth at 2.40%

IIP for Oct 2023

1.9σ
NIFTY 50-0.34%vs T-60 baseline
USD / INR-0.04%vs T-60 baseline
INDIA VIX-5.41%vs T-60 baseline
10Y G-SEC-0.19%vs T-60 baseline
Cross-Asset Reaction Window
Surprise Analysis
Surprise DeviationHistorical volatility metric
0.0σ

Actual Print2.40%
Consensus7.07%

Macroeconomic Assessment

Major IIP surprise of -1.9σ — contraction in activity.

Cross-Asset Reaction Matrix
Asset ClassT−60T+30T+2HT+1D
Nifty 50NIFTY--0.43%-0.43%-0.34%
USD / INRUSDINR--0.10%-0.10%-0.04%
India VIXVIX--0.39%-0.39%-5.41%
10Y G-SecGSEC-+0.29%+0.29%-0.19%