India's manufacturing sector shows resilience amid earnings season
pre-market1 source ↓written by the desknot a recommendation
- 58.4
India’s manufacturing activity remained robust in October, with the HSBC Manufacturing PMI at 58.4, indicating strong industry expansion. This growth comes as major companies prepare to release their Q2 2026 earnings, including Ajanta Pharma and Power Grid Corporation. Traders should monitor these earnings for insights into sector performance.
• PMI above 50 signals expansion
• Strong demand for manufactured goods
• Earnings reports from key players today
Immediate market implications may arise from these updates.
Not investment advice. For informational purposes only.