India manufacturing PMI drops to 45-month low
pre-market1 source ↓written by the desknot a recommendation
- falling
- 53.9
- in February
- 56.9
- neutral mark
- 50
India’s manufacturing activity slowed in March, with the HSBC India Manufacturing PMI falling to 53.9 from 56.9 in February. While the index remains above the neutral mark of 50, the decline indicates a moderation in growth pace within the sector. This shift may impact investor sentiment and trading strategies in manufacturing-related stocks.
Not investment advice. For informational purposes only.