The momentum in business activity in India’s manufacturing sector has bounced back. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose to 58.3 in June from a three-month low of 57.5 in May. A reading above 50 indicates expansion. The headline index remains well above the long-term average, […]
PMI
Indian markets witnessed significant growth in the first month of FY25 with various indices indicating positive trends. Meanwhile, Nifty Microcap 250 and Nifty Smallcap 250 emerged as the best performing indices, exhibiting impressive growth rates of 10.6% and 10.5% respectively,showed Motilal Oswal Asset Management Company report. Additionally, the Nifty Next […]