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As On 02-Jun-2023 EOD, Market Closed
SENSEX
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  • Growth Momentum Continues In India's Manufacturing Sector Says FICCI

    FICCI's latest quarterly survey on Manufacturing sector reveals that momentum of growth continued in subsequent quarters of Q-4 (Jan-Mar 2021-22) and Q-1 April-June (2022-23) and there seems to be an improvement in hiring/employment outlook after a long gap. The survey noted that 54.8% respondents reported higher production levels in Q-1 (April- June 2022-23), with an average expectation of increase in production by over 10%. The survey reports improvement in employment creation by the sector as 53% of the respondents are now looking at hiring additional workforce in the next three months. The existing average capacity utilization for Q4 2021-22 in manufacturing is 77%, a little higher than 75% in the previous quarter, which reflects increased economic activity in the sector. The outlook for exports seems to be positive as 53.4% of the respondents expect an average increase of 15.2% in exports in Q-1 2022-23 as compared to the first quarter of last year. The cost of production as a percentage of sales for manufacturers in the survey has risen for 91% respondents in Q-4 2021-22.



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Flash News 03-Jun-2023
  •  ( 10:25) CRISIL reaffirms rating of Tata Chemicals at 'A1+'  
  •  ( 10:15) US FDA classifies Indoco Remedies' Goa plant inspection as OAI  
  •  ( 10:15) Minda Corp board OKs proposal to raise funds up to Rs 600 crore  
  •  ( 09:59) TechM to divest stake in Brasil-based step-down subsidiary  
  •  ( 09:14) IRDAI asks SBI Life to take over troubled Sahara's biz  
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02 June 2023 00:00
3235.15
(-0.16 %)
926.00
(0.71 %)
7023.00
(-0.25 %)
1456.55
(0.42 %)
836.20
(0.98 %)
2646.30
(0.02 %)
1136.90
(-0.38 %)
1606.15
(0.13 %)
2716.35
(0.69 %)
937.05
(0.11 %)
1288.10
(-0.24 %)
1298.65
(-1.58 %)
443.20
(0.77 %)
1939.75
(0.58 %)
2235.25
(1.19 %)
1341.05
(1.68 %)
9488.80
(1.73 %)
22040.60
(0.83 %)
174.40
(0.06 %)
234.60
(0.73 %)
2454.95
(-0.29 %)
587.20
(0.79 %)
999.35
(1.20 %)
535.75
(0.09 %)
108.00
(1.93 %)
3304.40
(-0.57 %)
1122.30
(0.12 %)
2859.60
(1.16 %)
7849.40
(0.09 %)
404.80
(-0.60 %)
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