India's Services Activity Slows in July, Flash PMI Shows

MT Newswires Live

Jul 24

Services activity in India eased in July, with the HSBC Flash India Services Purchasing Managers' Index (PMI) falling to 53.1 from 57.4 in the previous month, according to preliminary data compiled by S&P Global and released on Friday.

The reading missed the 59 forecast tracked by Trading Economics. A reading above 50 indicates expansion in the sector, while a figure below signals a contraction.

The latest performance was driven primarily by increasingly challenging market conditions, competitive pressures, order cancellations, reduced client inquiries and shortages of key raw materials.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2653564706"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2653564706\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2653564706?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-24 13:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653564706","market":"us","top_or_hot":-1,"title":"India's Services Activity Slows in July, Flash PMI Shows","media":"MT Newswires Live","content":"<html><body><p> Services activity in India eased in July, with the <a href=\"https://laohu8.com/S/HSBC\">HSBC</a> Flash India Services Purchasing Managers' Index (PMI) falling to 53.1 from 57.4 in the previous month, according to preliminary data compiled by S&amp;P Global and released on Friday.</p><p>The reading missed the 59 forecast tracked by Trading Economics. A reading above 50 indicates expansion in the sector, while a figure below signals a contraction.</p><p>The latest performance was driven primarily by increasingly challenging market conditions, competitive pressures, order cancellations, reduced client inquiries and shortages of key raw materials.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>India's Services Activity Slows in July, Flash PMI Shows</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIndia's Services Activity Slows in July, Flash PMI Shows\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-07-24 13:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Services activity in India eased in July, with the <a href=\"https://laohu8.com/S/HSBC\">HSBC</a> Flash India Services Purchasing Managers' Index (PMI) falling to 53.1 from 57.4 in the previous month, according to preliminary data compiled by S&amp;P Global and released on Friday.</p><p>The reading missed the 59 forecast tracked by Trading Economics. A reading above 50 indicates expansion in the sector, while a figure below signals a contraction.</p><p>The latest performance was driven primarily by increasingly challenging market conditions, competitive pressures, order cancellations, reduced client inquiries and shortages of key raw materials.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FXR","symbol_name":"First Trust Industrials/Producer Durables AlphaDEX Fund","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2653564706","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2653564706","pubTimestamp":1784870804,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Services activity in India eased in July, with the HSBC Flash India Services Purchasing Managers' Index  falling to 53.1 from 57.4 in the previous month, according to preliminary data compiled by S&P Global and released on Friday.The reading missed the 59 forecast tracked by Trading Economics. A reading above 50 indicates expansion in the sector, while a figure below signals a contraction.The latest performance was driven primarily by increasingly challenging market conditions, competitive pressures, order cancellations, reduced client inquiries and shortages of key raw materials.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"FXR":"First Trust Industrials/Producer Durables AlphaDEX Fund","RSPM":"Invesco S&P 500 Equal Weight Materials ETF","VAW":"Vanguard Materials ETF","IYJ":"iShares U.S. Industrials ETF"},"translate_title":"PMI 显示印度 7 月份服务业活动放缓","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IYJ":1.5,"FXR":1.5,"VAW":1.5,"MNDmain":1.5,"RSPM":1.5},"content_text":"Services activity in India eased in July, with the HSBC Flash India Services Purchasing Managers' Index (PMI) falling to 53.1 from 57.4 in the previous month, according to preliminary data compiled by S&P Global and released on Friday.The reading missed the 59 forecast tracked by Trading Economics. A reading above 50 indicates expansion in the sector, while a figure below signals a contraction.The latest performance was driven primarily by increasingly challenging market conditions, competitive pressures, order cancellations, reduced client inquiries and shortages of key raw materials.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}