PMI

FTSE 100 closed 0.1% higher after earlier gains were erased by a Houthi missile strike on a Saudi tanker and Iran’s Hormuz closure warning. Brent crude rose 1.3% to $80.42 per barrel and WTI up 0.45%

HSBC India Services PMI fell to 53.3 in July from 57.4 in June, marking the weakest growth rate in 53 months due to softer demand and competitive pressures. New export orders remained a bright spot wi

HSBC India Manufacturing PMI declined to 53.5 in July from 54.2 in June, marking the lowest reading since August 2021 but still indicating expansion. New export orders accelerated with gains from Cana

HSBC Flash India Composite PMI fell to 54.3 in July from 57.1 in June, indicating the slowest private sector expansion since March 2022. Services sector growth retreated substantially to a 53-month lo