Equity benchmark indices Sensex and Nifty tumbled nearly 1 per cent on Monday as investors offloaded finance, utility and energy stocks amid escalating tensions in the Middle East and surging crude oil prices overseas.Investors stayed on the sidelines and refrained from taking big risks amid huge uncertainty due to the Israel-Hamas conflict, analysts said.The 30-share […]
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India’s December manufacturing PMI at 18-month low of 54.9 vs 56.0 in NovemberIndia’s December manufacturing PMI at 18-month low of 54.9 vs 56.0 in November
India’s manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, was recorded at an 18-month low of 54.9 in December as against 56.0 in November. Despite the fall, the HSBC India Manufacturing PMI was indicative of a marked improvement in the health of the sector. “The HSBC India Manufacturing PMI survey, conducted by S&P Global, […]