manufacturing pmi

India's manufacturing sector saw its fastest growth in three months during May, fueled by robust domestic demand and infrastructure projects. New orders surged, though rising Middle East conflict costs continue to challenge manufacturers. Despite higher input expenses, companies expanded output and hiring, with positive sentiment for future growth.

The HSBC India manufacturing pmi is a widely tracked indicator that assesses overall manufacturing performance based on factors such as new orders, production levels, employment trends, supplier delivery times and inventory holdings.

Gold price prediction today: Gold prices continue to be weighed down by inflation concerns amid geopolitical tensions and rising oil prices, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

Dalal Street anticipates a busy week driven by the RBI's interest rate decision, key economic data, and global developments like the US-Iran situation and crude oil prices. Investors will closely track manufacturing and services PMI, GDP growth, and foreign exchange reserves for market direction.

India's economy shows 'cautious resilience' despite global headwinds like Middle East conflict and rising oil prices. While manufacturing and services remain strong, and forex reserves offer a buffer, inflation concerns are mounting due to wholesale price surges. A weaker monsoon could further challenge growth and rural demand.

The BJP has strongly refuted Rahul Gandhi's "economic tsunami" warning, calling it fear-mongering. Party leader Amit Malviya highlighted India's economic resilience with strong indicators like rising E-way bills and FDI, asserting the government has implemented measures to protect citizens and businesses from global shocks, contrasting it with the UPA era's economic vulnerabilities.

Gold price prediction today: While gold and silver prices are seeing some weakness, in the domestic market gold has managed to exhibit some resilience, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

Indian stock markets are poised for a volatile week, with state election results and elevated crude oil prices due to West Asia tensions taking center stage. Investors will closely monitor the impact of these factors on inflation, the rupee, and corporate earnings. Key economic data and corporate announcements are also expected to influence market movements.

Gold price prediction today: Gold prices are expected to continue seeing volatility in the near-term, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

Markets brace for a crucial week as investors await state election results, with potential impacts on sentiment. Developments in the West Asia conflict and their influence on crude oil prices remain a significant concern for India's import-dependent economy. Key economic data and Q4 earnings will also shape market movements.

Global tensions in West Asia, particularly around the Strait of Hormuz, are driving market volatility and influencing crude oil prices. Investors are also closely watching corporate earnings, with key results due this week, alongside crucial US economic data and the Federal Reserve's policy decision.

For RBI the situation is clear: The resilience of the global economy, already inflicted with trade tensions, is being tested by the conflict in West Asia. The biggest takeaway from the RBI bulletin is that India’s domestic supply chains may come under risk from a prolonged war scenario, though strong macroeconomic fundamentals provide a buffer.

The country's manufacturing sector activity in September remained unchanged amid subdued demand conditions both domestically as well as externally, a monthly survey said on Tuesday. The IHS Markit India manufacturing pmi was at 51.4 in September, unchanged from August and thereby posting its joint-lowest reading since May 2018.

India's manufacturing sector experienced a slowdown in March, with growth moderating due to rising costs, intense competition, and global uncertainties like the Middle East conflict. While new orders and output saw slower expansion, employment surged, and export demand remained robust, indicating a mixed but resilient industrial landscape.

The February PMI data pointed to an improvement in overall operating conditions for the 20th straight month. In PMI parlance, a print above 50 means expansion while a score below 50 indicates contraction.

India has emerged as a global leader in both manufacturing and services, according to JP Morgan's April 2025 PMI report. With manufacturing at 58.2 and services at 58.7, India's PMI figures outpace other major economies like China, the US, and Europe. This reflects strong domestic demand and overall economic expansion, contrasting with sluggish or contracting activity elsewhere.

Higher-than-usual March rainfall tempered India's power demand growth to 1.7%, despite record consumption. Softer demand and ample supply led to lower electricity prices in the short-term market. Renewable energy generation continued its upward trend, while coal remained dominant in power generation.

Activity in the country’s factories rose at their slowest pace in nine months due to slowdown in output and new orders, a survey showed on Wednesday.