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India's retail inflation in the month of April eased to 4.70 per cent, data released by the National Statistical Office (NSO) on Friday showed.

India's industrial production growth slipped to five-month low of 1.1 per cent in March from 5.8 per cent in February 2023, mainly due to poor performance of power and manufacturing sectors, according to official data released on Friday.

India's retail inflation dropped to 5.66 per cent in March, as compared to 6.44 per cent in the month of February.

Trading in the Indian market will be closed on April 14 on the occasion of Dr Baba Saheb Ambedkar Jayanti.Last week, Sensex gained by at least 841.5 points or 1.4%, while Nifty 50 also rallied by more than 239 points or 1.4%.

In the week between March 6th to 10th, global markets will play a key role in dictating the domestic equities, especially the performance in the Wall Street. Further, foreign institutional investors flow along with IIP data will also have a take on markets.

The government data added that for the April-January 2022-23, the IIP grew by 7.9 percent.

The moderation was put down to the high base of the year-ago month and a weakening of the consumer durables segment post the festive season

The industrial production data for September will be out on November 11. On the same day, foreign exchange reserves and manufacturing production data will be released

The basket of goods includes coal, crude oil, natural gas, petroleum refinery products, fertilizers, steel, cement, and electricity as the main component, , iip data, cement, steel, electricity, natural gas, fertilizers

The manufacturing sector's output grew 11.8 per cent in April 2022.