India's Future? | Top 5 Markers | Latest Market Update! | Financial Health

In this video, we take you through the overall health of the Indian market to make you aware of certain fundamentals to understand the position India as an economy stands.

While we have shared the details, here are some macroeconomic indicators of the Indian economy to provide a comprehensive picture of its overall health and performance:

Here's a summary of the latest key indicators as of March 2024:

India's real GDP grew by 8.4% year-on-year (YoY) in the Oct-Dec'23 quarter, with the industrial sector growing by 10.4% YoY and the manufacturing sub-sector by 11.5% YoY.

The Consumer Price Index (CPI) inflation held steady at 5.09%, while the Wholesale Price Index (WPI) inflation moderated to a four-month low of 0.2% in Feb'24.

Forex reserves grew in Feb'24, driven by a surge in foreign currency assets.

FDI rebounded in Jan'24 after a significant drop in Dec'23.

The Index of Industrial Production (IIP) reached an all-new high in Jan'24, indicating a sustained increase in manufacturing momentum.

Banking, Financial Services, and Insurance (BFSI) indicators showed varied trends in Jan-Feb'24.

The services sector registered a growth of 7%  YoY driven by public administration, defence, and social and community services, while the agriculture sector registered a degrowth of 0.8% YoY.


While Investors can use these indicators in conjunction with other data and their own research to make informed decisions, it’s also advisable to consult with a financial advisor for personalized investment strategies.

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