What is IIP...how it relate to share market?

Question

What is IIP...how it relate to share market?

Answer 1

it is the indiactor of the economy or barometer OK

Answer 2

Index of Industrial Production (IIP) in simplest terms is index which details out the growth of various sectors in an economy. E.g. Indian IIP will focus on sectors like mining, electricity, Manufacturing & General. Also base year needs to be decided on the basis of which all the index figures would be arrived at. In case of India the base year has been fixed at 1993-94 hence the same would be equivalent to 100 Points

Index of Industrial Production (IIP) is an abstract number, the magnitude of which represents the status of production in the industrial sector for a given period of time as compared to a reference period of time.

http://en.wikipedia.org/wiki/Index_of_in...

Analysts and investors try to determine the health of the economy to predict future stock prices. The IIP is one indicator some use to make their prediction.

----------

Depending upon the context IIP could also stand for "international investment position" or "Investors in People".

http://en.wikipedia.org/wiki/Internation...

http://en.wikipedia.org/wiki/Investors_i...