MUMBAI: Indian markets dropped 0.1 percent in early trade on Friday, amid subdued Asian peers and ahead of factory data due by 0530 GMT.
Industrial output in Asia's third-largest economy probably rose 5.5 percent in April from a year earlier, moderated by successive interest rate rises which slowed manufacturing growth, the median forecast in a Reuters poll showed.
At 9:17 a.m. (0347 GMT), the 30-share BSE index was down 0.06 percent at 18,373.99 points, with 13 components declining. It had started higher.
The 50-share NSE index was down 0.1 percent at 5,514.50.
Thanks
ET..
Industrial output in Asia's third-largest economy probably rose 5.5 percent in April from a year earlier, moderated by successive interest rate rises which slowed manufacturing growth, the median forecast in a Reuters poll showed.
At 9:17 a.m. (0347 GMT), the 30-share BSE index was down 0.06 percent at 18,373.99 points, with 13 components declining. It had started higher.
The 50-share NSE index was down 0.1 percent at 5,514.50.
Thanks
ET..
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