Tuesday, 6 October 2026Updated 14m ago
Data▲ Bullish for Indian equities

India services PMI rises to 55.2 in September, a three-month high

8 sources · first seen 10:36 6 Oct · updated 12:24 6 Oct

The brief

Written from 6 reports · check the source before you trade
  • HSBC Services PMI climbed from 54.1 in August to 55.2
  • The September quarter was the weakest for services growth since 2022
  • Stronger activity supports earnings prospects for Indian services, insurance and transport companies

Tags on this story

Pick a tag to see all its stories

Linked by the tag HSBC

11 stories this week
  1. 5 OctRBI To Hike Repo Rate In October, External Environment 'Unforgiving' For India: HSBC's Pranjul BhandariBroker call · 1 source · HSBC’s Pranjul Bhandari said RBI should hike rates in October, not wait until December
  2. 5 OctGold may rebound in 2027 if Fed's rate path becomes less aggressive: HSBCMarket move · 1 source
  3. 2 OctHSBC hires Cantor's Paras Jain to lead global TMT banking, sources sayMarket move · 2 sources · HSBC appointed Paras Jain global head of TMT investment banking, starting in November
  4. 2 OctMidcap mutual funds: 3 top performers and 3 laggards SIP investors should know1 source · HSBC Midcap Fund delivered the highest two-year SIP return at 17.5%
  5. 2 OctHSBC Midcap among 5 midcap funds that delivered up to 24% CAGR in 3 years. Do you currently hold any in your portfolio?1 source · HSBC Midcap Fund led with a 23.7% annualised return over three years
All HSBC stories →

Read the reports

9 reports · earliest 10:36
Economic TimesIndia's services sector growth at 3-month high, but quarter weakest since 2022, PMI shows10:36ReutersIndia services growth at 3-month high, but quarter weakest since 2022, PMI shows10:39Business LineIndia services PMI climbs to 55.2 in September as domestic demand strengthens10:48Business StandardIndia services PMI rises to 55.2 in September amid demand recovery10:57Financial ExpressIndia services PMI rises to 55.2 in September, hits 3-month high11:25Fortune IndiaIndia services PMI hits 3-month high in September as demand strengthens11:59MintIndia’s services sector growth hits three-month high: PMI survey11:59Investing.comIndia services growth at 3-month high, but quarter weakest since 2022, PMI shows12:24Business LineIndia's services sector growth touches 3-month high in Sep on strong domestic demand: PMI12:24