The HSBC Markit Purchasing Managers’ Index (PMI) for India, for Jun 2014, with Manufacturing and Services Combined, is at a 16 month high at 53.8, up from the 50.7 we saw in May.
This is a strong number, after a great manufacturing number of 51.5 for June. (the composite PMI is the average of Services + Manufacturing PMIs).
If activity is heating up, then we should see a good GDP number too. Let’s await more data this month to check.
Return on Capital (ROC) is considered a critical part of the puzzle of finding quality businesses to invest for the long term. We did a longitudinal analysis ...
Markets in April 2023 April was a good month for stocks across the board. Nifty was up 4% and as a result is almost even for YTD 2023 Midcaps and Smallcaps did ...
The Nifty has been more or less flat over the last year. Did you know that you'd be sitting with a 1-year return of 50+% if you had invested in the Nifty India ...