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India’s equity markets are expected to take their direction from a mix of domestic macro data, the US Federal Reserve’s latest meeting minutes and updates on the India-US trade deal in the days ahead. Analysts also said that foreign investor activity will continue to play a major role in shaping market sentiment.Vinod Nair, head of…
File photo (Picture credit: ANI) India’s services sector saw its slowest pace of growth in five months during October, as competitive market pressures and heavy rainfall in some regions weighed on business activity.According to the monthly HSBC India Services PMI Business Activity Index, compiled by S&P Global, the seasonally adjusted reading fell to 58.9 in…
India’s manufacturing sector continued to strengthen in October, building on solid momentum from September. The movement was lifted by improving domestic demand, GST relief measures and increased technology investments that boosted factory activity.According to the latest data released by S&P Global, the HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 59.2 in October, up…
