The Nikkei Markit India Manufacturing Purchasing Managers' Index increased to 50.7 in February
The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) -- an indicator of manufacturing activity -- fell to 49.6, down from 52.3 in November, coming below the crucial 50 threshold which separates contraction from expansion.
The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) -- an indicator of manufacturing activity -- declined from 52.5 in April to a three-month low of 51.6 in May.
The main factors contributing to the above-50.0 PMI reading were growth of both new orders and output as market conditions returned to normal and led to subsequent improvement in demand.
The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) -- a gauge of manufacturing performance -- fell to 52.3, down from October's 22-month high of 54.4.
Supported by greater demand from both domestic and external markets, total new business rose at the fastest pace since March
A reading above 50 denotes expansion while one below means contraction.
During March, the rate of inflation slowed to the weakest in four months and was below the long-run survey average
Sentiments turned somewhat weak towards the middle of the session as profit-booking emerged as investors turned cautious on disappointing quarterly earnings by some bluechip companies
Input prices rose at their fastest rate in 14 months but manufacturers absorbed much of the increase
Banking stocks felt the heat due to worries that the lending rate cuts will hit their bottom line
It is the rupee's biggest single-day gain this year.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
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