Page 6 - Latest Updates on Manufacturing PMI
Top headlines: PayU calls off BillDesk buy; Adani Group stocks crack
The Adani Group stocks had been major outperformers so far this calendar year, hence the current selling can be attibuted to profit-taking at these counters
 "Top headlines: PayU calls off BillDesk buy; Adani Group stocks crack")
Sensex down 638 pts; Nifty nears 16900; Adani Group stocks slide, pharma up
CLOSING BELL: Adani Enterprises was the biggest Nifty dragger as it dropped 9 per cent
 "Sensex down 638 pts; Nifty nears 16900; Adani Group stocks slide, pharma up")
Manufacturing PMI dips to 3-month low of 55.1 in September on poor demand
India's factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong business confidence
 "Manufacturing PMI dips to 3-month low of 55.1 in September on poor demand")
India's manufacturing growth stays robust in Aug, inflation eases
S&P Global's Manufacturing Purchasing Managers' Index dips slightly to 56.2 in August from 56.4 in July
 "India's manufacturing growth stays robust in Aug, inflation eases")
India's manufacturing activity expands at quickest pace in 8 months
Job creation is subdued though companies step up purchasing and report solid manufacturing activity
 "India's manufacturing activity expands at quickest pace in 8 months")
No respite for manufacturers as inflation continues to weigh on the economy
As India's business optimism slid to a 27-month low of 50.9, economists say they do not see a respite for manufacturers from cost inflation in the near term
 "No respite for manufacturers as inflation continues to weigh on the economy")
Sensex ends volatile session 185 pts down; IT stocks decline, PSBs shine
CLOSING BELL: The Nifty50 index shut shop at 16,523, down 62 points or 0.37 per cent
 "Sensex ends volatile session 185 pts down; IT stocks decline, PSBs shine")
PMI: India's May factory activity remained strong despite high inflation
Demand showed signs of resilience in May, improving further in spite of another uptick in selling prices
India's manufacturing PMI expands to 54.7 as demand picks up faster
In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction
 "India's manufacturing PMI expands to 54.7 as demand picks up faster")
Factory activity slowed in March, optimism at 2-year low: PMI survey
The Manufacturing Purchasing Managers' Index declined to 54.0 in March from 54.9 in February.
 "Factory activity slowed in March, optimism at 2-year low: PMI survey")
India's mfg activities expand in Feb as output, new orders rise: PMI
Firms responded to strong increases in new work intakes by lifting production, input buying and stocks of purchases, the survey said
 "India's mfg activities expand in Feb as output, new orders rise: PMI")
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")
Manufacturing PMI eases to three month low in December amid Covid fears
Data showed that manufacturing PMI fell to 55.5 in December from 57.6 in November
 "Manufacturing PMI eases to three month low in December amid Covid fears")
Indian factories end 2021 on strong note despite dip in momentum in Dec
The PMI survey results reinforce evidence of a continued recovery in Asia's third-largest economy from the coronavirus pandemic-induced slump.
 "Indian factories end 2021 on strong note despite dip in momentum in Dec")
India's Nov factory growth hits 10-month high, rising on strong demand
An easing of Covid-19 restrictions drove demand and boosted sales, indicating the economy was on the path to normalization.
 "India's Nov factory growth hits 10-month high, rising on strong demand")
Japan's factory activity expands at fastest pace in nearly four years
Cost pressures remained an issue as materials shortages and delivery delays caused input prices to surge the most in 13 years.
 "Japan's factory activity expands at fastest pace in nearly four years")
PMI manufacturing hits 8-month high but companies continue to shed jobs
Input costs hot 92-month high, prompting some firms to raise selling prices
 "PMI manufacturing hits 8-month high but companies continue to shed jobs")
India's services activity remains strong in Sept, firms hire more employees
The IHS Markit Services Purchasing Managers' Index eased to 55.2 in September from August's 18-month high of 56.7, but stayed comfortably above the 50-mark separating growth from contraction.
 "India's services activity remains strong in Sept, firms hire more employees")
Manufacturing activity grows in September on strengthening demand: PMI
The IHS Markit PMI for manufacturing rose to 53.7 in September from 52.3 recorded in August, highlighting a stronger expansion in overall business conditions
 "Manufacturing activity grows in September on strengthening demand: PMI")
Factory activity improves in Sept but firms shed headcount: PMI survey
The recovery might continue for at least a few months, supported by ultra-easy monetary policy and continued fiscal spending
 "Factory activity improves in Sept but firms shed headcount: PMI survey")