The seasonally adjusted headline S&P Global Germany Services PMI registered 47.7 in August. This was the second successive reading below the 50.0 no-change threshold, following a figure of 49.7 in July. The result pointed to an acceleration in the rate of contraction, to the quickest since February 2021. Germanys services firms saw activity levels fall for the second month running and at a faster rate […]
The headline equity indices ended with decent gains on Monday. After opening tad below the 17,550 level, the Nifty witnessed significant buying demand and ended above the 17,650 mark. Shares across sectors advanced with metals, bank and financial gaining the most. As per provisional closing data, the barometer index, the S&P BSE Sensex, advanced 442.65 points or 0.75% to 59,245.98. The Nifty 50 index added […]
Aurionpro Solutions rose 2.17% to 333.40 Rs after the company said its subsidiary will acquire Hello Patients Solutions Inc, a startup based in Delaware, USA.
Latest PMI data suggested that the eurozone private sector moved further into contractionary territory during August as the service sector joined manufacturing in seeing output fall during the month. The decline was particularly marked in the euro areas largest economy, Germany. The seasonally adjusted S&P Global Eurozone PMI Composite Output Index posted below the 50.0 no-changed mark for the second month running in August, dipping […]
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