India Services Pmi
India's services PMI activity in Feb grows at its fastest pace in 12 years
The S&P Global India Services Purchasing Managers' Index rose from 57.2 in January to 59.4 in February, its highest since February 2011 and considerably above all forecasts
 "India's services PMI activity in Feb grows at its fastest pace in 12 years")
Dec services PMI at a 6-month high, thanks to stronger inflow of new biz
The headline figure has now been in the expansion zone for seventeen consecutive months since August 2021
 "Dec services PMI at a 6-month high, thanks to stronger inflow of new biz")
Nov services PMI at a 3-month high of 56.4 thanks to new biz expansion
The headline figure has been in the expansion zone for the sixteenth consecutive month since August 2021
 "Nov services PMI at a 3-month high of 56.4 thanks to new biz expansion")
Sensex, Nifty end flat after volatile day; Metal index up 2%, RIL down 1.5%
CLOSING BELL: RIL (down 1.45 per cent), Tech M, Dr Reddy's Labs, Bharti Airtel, Axis Bank, and TCS were the top laggards
 "Sensex, Nifty end flat after volatile day; Metal index up 2%, RIL down 1.5%")
Services PMI recovers to 55.1 in Oct after hitting six-month low in Sept
Services PMI released by credit rating agency S&P Global improved to 55.1 in October from 54.3 in September
 "Services PMI recovers to 55.1 in Oct after hitting six-month low in Sept")
Sensex rises 157 pts, Nifty atop 17,300; Nifty Metal index up 3%, FMCGs dip
CLOSING BELL: JSW Steel, Hindalco, Coal India, L&T, Tata Steel, ICICI Bank, HCL Tech, Axis Bank, Tata Motors, Tata Consumer Products, Shree Cement, and Wipro were the top gainers
 "Sensex rises 157 pts, Nifty atop 17,300; Nifty Metal index up 3%, FMCGs dip")
Services PMI at 54.3 in Sep; slowest expansion in 6 months amid weak demand
Growth in India's services industry slumped in September to a six-month low, led by a substantial easing in demand amid high inflation
Dalal Street defies global mood; Sensex soars 443 pts, Nifty top 17,650
CLOSING BELL: ITC, Sun Pharma, RIL, Tata Steel, NTPC, HCL Tech, L&T, and ICICI bank were the top Sensex gainers, while Hindalco, JSW Steel, Grasim, and Cipla were additional top gainers on the Nifty50
 "Dalal Street defies global mood; Sensex soars 443 pts, Nifty top 17,650")
July PMI services growth slips to 4-month low on rising inflation
The PMI decreased to 55.5 in July 2022 from 59.2 in June
 "July PMI services growth slips to 4-month low on rising inflation")
India's services activity rises to 59.2 in June, highest in 11 years
Unrelenting inflation continued to worry businesses that were cautiously optimistic about the year-ahead outlook for business activity
 "India's services activity rises to 59.2 in June, highest in 11 years")
India's services activity at 5-month high in Apr despite inflation worries
While input costs increased at the fastest rate in nearly 14 years, prices charged rose at their quickest rate in around half a decade.
 "India's services activity at 5-month high in Apr despite inflation worries")
India's services sector expands at fastest pace so far this year in March
The S&P Global India Services Purchasing Managers' Index rose to 53.6 in March from 51.8 in February, beating the 52.5 estimate in a Reuters poll.
 "India's services sector expands at fastest pace so far this year in March")
Growth in services activity picked up in Feb, inflation pressure predicted
The Services Purchasing Managers' Index, compiled by IHS Markit, increased to 51.8 in February from January's six-month low of 51.5.
 "Growth in services activity picked up in Feb, inflation pressure predicted")
Omicron spread: Services PMI falls to six-month low in January
India's services sector activity moderated to a six-month low in January, amid imposition of restrictions across the country due to the Omicron variant as well as inflationary pressures
India's services growth at 6-month low in Jan, input costs at decade high
The IHS Markit Services Purchasing Managers' Index slumped to 51.5 in January from 55.5 in December
Services PMI moderates to three month low in December amid Omicron fears
Data released by the analytics firm IHS Markit showed that the Purchasing Managers' Index (PMI) for services fell to 55.5 in December from 58.1 in November.
 "Services PMI moderates to three month low in December amid Omicron fears")
Services PMI moderates to three month low in December amid Omicron fears
Data released by the analytics firm IHS Markit showed that the Purchasing Managers' Index (PMI) for services fell to 55.5 in December from 58.1 in November
 "Services PMI moderates to three month low in December amid Omicron fears")
India's services growth slows in December as inflation pressures persist
Business confidence was at a four-month high in December on robust demand, yet rising coronavirus infections kept it in check
 "India's services growth slows in December as inflation pressures persist")
PMI: Services activity expands in November but records slight dip
Ahead of MPC meet, data shows input price pressures rise
 "PMI: Services activity expands in November but records slight dip")
Services activity grow robustly in Nov as price pressures intensify
The Services Purchasing Managers' Index, compiled by IHS Markit, eased to 58.1 in November from 58.4 in October.
