services pmi

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.

Gold price prediction today: Momentum in gold prices remains weak, and markets will track the US-Iran developments for cues, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

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.

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.

Gold price prediction today: Gold prices are seeing consolidation, according to Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

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.

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.

Gold price prediction today: Gold prices are expected to continue being volatile in the coming days on uncertainty related to the US-Iran war and inflation data this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

India's economy shows strength with robust domestic demand and positive high-frequency indicators. Auto sales and credit growth are up. GST collections remain steady. Manufacturing activity is improving. Labour markets are showing signs of strengthening. Corporate revenues are holding up. Financial flows are supportive. However, Middle East tensions create global uncertainty and a risk of stagflation.

Gold price prediction today: Gold is trading as a risk asset and not a safe haven asset, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

Gold price prediction today: Amid the Middle East conflict, gold prices are likely to see limited upside in the short-term, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

The manufacturing sector was hit the hardest, with its PMI dropping to a four-and-a-half-year low of 53.8 from 56.9. Heightened uncertainty and volatility linked to the Middle East conflict weighed on sentiment.

Despite the moderation, the services pmi was in the expansion territory for the 11th straight month. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.

India's services sector growth slowed in March after reaching a 12-year high in February, according to a monthly survey by S&P Global. The survey found the seasonally adjusted S&P Global India services pmi Business Activity Index dropped from 59.4 in February to 57.8 in March. However, the index remained above the good news threshold of 50, as it has for the past 20 months.

Global investment firm KKR is injecting up to $310 million into India's electric mobility sector, marking its first climate transition investment in the country. The funding will bolster PMI Electro Mobility and its electric bus platform, Allfleet, enabling the expansion of a significant e-bus fleet. This strategic move underscores India's growing importance in global decarbonisation efforts.

India's services sector saw a slight slowdown in February, with new business growth hitting a 13-month low due to softer demand and rising inflation. Despite this, international sales surged, prompting increased hiring. The overall private sector, however, experienced its fastest growth in three months, driven by strong manufacturing momentum and improved demand.

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.

India's services sector kicked off 2025 with robust growth, reaching a two-month high in January. Buoyant demand, driven by increasing new orders and technological investments, fueled this expansion. Businesses reported a quicker rise in activity and responded by adding staff, while future outlook sentiment also improved significantly across the broader private sector.

India's services sector surged in November, driven by robust new business and easing price pressures, according to the HSBC India services pmi. Operating conditions improved significantly, with faster expansion in business activity. While international sales saw a slowdown due to competition, domestic demand remained strong, bolstering overall economic sentiment.

India's services sector experienced its slowest growth in five months during October, with the HSBC India services pmi dipping to 58.9. Competitive pressures and heavy rainfall impacted business activity, though demand remained robust. Companies are optimistic about future growth and continued hiring, despite a slight moderation in overall economic expansion.

The seasonally adjusted Nikkei India Services Business Activity Index, fell from July's peak of 54.2 to 51.5 in August owing to weakest growth in new work in three months. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.