manufacturing 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.

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.

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.

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.

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.

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.

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.

Precious metals are poised for a corrective phase this week, with Middle East developments and crucial US economic data, including Fed speeches, shaping investor sentiment. Domestic gold saw a slight dip, while silver gained, supported by a weaker rupee. Global gold declined, but silver rebounded, buoyed by safe-haven demand and strong Chinese imports.

Indian stock markets brace for a volatile, shortened week. Geopolitical tensions in the Middle East, crude oil price fluctuations, and the rupee's stability are key concerns. Foreign investors have pulled significant funds amid the ongoing conflict. Analysts anticipate continued sensitivity to global developments, with domestic economic data also under scrutiny.

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.

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.

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.