purchasing managers' index

Macroeco data, global factors to guide markets this week: Analysts – Times of India

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[ad_1] NEW DELHI: The domestic equity market, which is on a record-breaking spree, will focus on macroeconomic data announcements, movement in global stocks and the US Fed minutes to get further direction, analysts said.Trading activity of Foreign Institutional Investors (FIIs) will also innfluence investors.From the domestic macroeconomic front, Purchasing Managers’ Index (PMI) data for the … Read more

India’s April services activity hits near 13-year high – Times of India

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[ad_1] NEW DELHI: In April, India’s services sector recorded its fastest expansion in almost 13 years, thanks to robust demand, according to a private survey. The S&P Global India services Purchasing Managers’ Index surged to 62.0, surpassing all expectations in a Reuters poll that had predicted a drop to 57.0.The growth in services, which accounts … Read more

Oil Prices Tumble as Weak Chinese Data, US Rate Hike Expectations Weigh Down Market

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[ad_1] Last Updated: May 02, 2023, 00:03 IST China’s manufacturing activity unexpectedly fell in April, official data showed on Sunday, the first contraction since December in the manufacturing purchasing managers’ index. (Image: Reuters File) Brent crude fell $1.88, or 2.3%, to $78.45 a barrel by 1:28 pm EDT (1728 GMT). U.S. West Texas Intermediate (WTI) … Read more