hsbc services pmi

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.

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.

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.

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.

Investor sentiment remains cautious as the Middle East conflict enters its fourth week, impacting global stock markets and crude oil prices. For the upcoming holiday-shortened week, market direction will be guided by geopolitical developments, foreign investor activity, and rupee fluctuations. Incoming data and global uncertainties are expected to drive market sensitivity.

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.

The country's services sector output contracted in July for the first time since October 2011, providing more evidence of a deep slowdown and piling pressure on policymakers to take urgent measures to reverse the slowdown.

India's private sector experienced a significant acceleration in May, achieving its fastest expansion in over a year, according to HSBC Flash PMI data. The surge was primarily driven by the services sector, which saw a 14-month high in output. While manufacturing showed mixed signals, overall private sector activity reached a 13-month peak, fueled by strong demand and renewed business confidence.

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 grew at the fastest pace in the last three months during May, driven by robust growth in new orders and optimistic business outlook, says a HSBC survey.

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.

India's services sector growth reached a four-month high in December due to strong demand and reduced inflationary pressures, as per an HSBC survey. The Services Business Activity Index rose to 59.3, reflecting robust new business inflows and continued job creation despite increased costs. Employment growth and positive business outlook persisted.

India's business expansion continued in December, though at a moderated pace. The composite PMI index dipped to 58.9, reflecting slower growth in both manufacturing and services. While new orders remained strong, companies showed increased caution about future prospects, with business confidence declining. Despite the slowdown, the private sector maintained robust activity.

India's services sector activity contracted for the first time in 13 months in May, largely due to decline in new order flows amid competitive pressure and natural disasters, an HSBC survey said on Wednesday.

The services sector grew at its fastest pace in five months in January, driven by improvement in domestic demand and new businesses, according to the HSBC (PMI) data released here today.

India's services sector experienced its strongest expansion in ten months in June, fueled by robust domestic demand and increased international sales. The Services PMI Business Activity Index surged to 60.4, driven by new orders and job creation. Despite strong overall performance, optimism among service providers has slightly moderated, with future growth expectations dipping to their lowest since mid-2022.

India's private sector soared to record levels in August, with the Composite PMI reaching 65.2, fueled by surging order volumes. The services sector led the charge, hitting an all-time high, while manufacturing also showed strong growth. Increased international orders and robust employment growth contributed to the positive outlook, despite rising inflation pressures and businesses remain optimistic about future market conditions.