The quality of some of the important economic statistics put out by the govt - for much of which there can be no comparable private substitute - remain questionable and undependable, writes T N Ninan
Eicher Motors surges over 5% on Royal Enfield's strong December sales; TCS gains 4% in three days, hits 13-week high; textile shares rally on improved outlook
The Manufacturing Purchasing Managers' Index, compiled by IHS Markit, jumped to 55.3 last month from 48.1 in June, well above 50-level separating growth from contraction.
The health of Indian manufacturing sector continued to strengthen in December with manufacturers stepping up production and input buying amid efforts to rebuild their inventories, IHS Markit said