Economy & Policy◆ Mixed
When Will Monsoon End In Mumbai? IMD Withdrawal Date, October Heat And India’s Rainfall Outlook
· NDTV Profit
Here's when IMD expects monsoon withdrawal from Mumbai, when October heat may intensify, and what the rainfall outlook says for India.
The analysis
This is a Monsoon / rural demand event. Rural demand is a large share of staples and two-wheeler volumes, and it tracks the monsoon and support prices with a lag of a quarter or two.