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.
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 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.
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.
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.
During March, the rate of inflation slowed to the weakest in four months and was below the long-run survey average
The Nikkei India Services Purchasing Managers' Index (PMI), which tracks services sector firms on a monthly basis, stood at 48.7 in January, as against 46.8 in December 2016.
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
Services growth at 5-month low in Nov as confidence slumps.
Input prices rose at their fastest rate in 14 months but manufacturers absorbed much of the increase
India's services industry expanded at its fastest pace in eight months in October as new business rose with discounting probably stoking demand, a survey showed on Wednesday.
The Reserve Bank of India is expected to keep policy unchanged this week as it looks to control inflation.
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 India's manufacturing sector cooled to its slowest in 22 months in October.
Services companies continued to raise prices, though the rate of change was the weakest since April
8 out of 12 sectoral indices closed in red with BSE IT and Healthcare indices losing 0.5%.
On the employment front, services employment was unchanged in April.
Financials were the top losers while oil shares also declined amid weak crude oil prices.
According to Japanese financial services major Nomura, India's manufacturing PMI remained in the expansion zone but suggested some consolidation after the rapid ramp up of activity in December.
The headline seasonally adjusted Nikkei India Composite PMI Output Index, that maps both the manufacturing and services sectors, rose from 53.3 in June to 54.1 in July.
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.
The Nikkei India Manufacturing Purchasing Managers Index (PMI), fell from 52.1 in February to a five-month low of 51.0 in March, indicating the slowest improvement in operating conditions recorded by the survey since last October.
Sluggish rise in new business inflows and a cautious approach to costs reportedly led Indian manufacturers to shed jobs in September.
A reading below 50 means contraction in the sector.
On the job front, Indian service providers continued to add to their payrolls and the sector witnessed the second-strongest increase in employment since March 2011.
The seasonally adjusted Nikkei India Services Business Activity Index fell to 50.2 in May, from 51.0 in April, pointing to the slowest growth rate in the current 12-month stretch of expansion.
However, predictions that economic conditions will normalise after the elections underpinned optimism regarding the outlook and supported a stronger upturn in employment.
The survey noted that advertising campaigns supported the increase in new work growth in the sector amid competitive pressures.
The Nikkei India Services PMI posted above the critical 50.0 level, which separates growth from contraction, for the fourth month running in May.
Regarding employment, the manufacturing sector hiring remained broadly unchanged.
The improvement in business conditions promoted job creation, while confidence towards the year-ahead outlook for activity was at a four-month high during March.
Business confidence remained positive in August and was driven by upbeat forecasts of sales, an expected improvement in demand and promotional activities
Markets across the globe are rallying on hopes that the US Federal Reserve won't lift interest rates until 2016.
Reflecting a loss of "growth momentum", manufacturing activities in the country slowed down to a six-month low in March amid softer increases in new orders, production and employment, according to a survey.
A reading above 50 represents expansion while one below means contraction.
While manufacturing firms cut jobs for the first time in 20 months to sharply reduce costs, services providers continued their hiring spree.
Firms seem to have adopted a wait-and-see approach on their plans until public policies become clearer upon the formation of a government.
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