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Indian HSBC Composite PMI Flash (Feb) 59.30 (Prev. 58.40, Rev. From 58.4)

Newsquawk Staff ·

Indian HSBC Composite PMI Flash (Feb) 59.30 (Prev. 58.40, Rev. From 58.4)

What it means

The Indian HSBC Composite PMI Flash for February shows an increase to 59.30, up from the previous 58.40, indicating a strengthening in economic activity. This rise may suggest sustained expansion in both manufacturing and services sectors, which is positive for growth outlook and could influence market sentiment towards equities and INR.

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