Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia HSBC/Markit Services PMI climbed to 48.3 in January 2014
FMPMonthlyReleased February 2014
India HSBC/Markit Services PMI climbed to 48.3 in January 2014, released February 2014, up 1.6 from December's 46.7 reading.
Latest Release
48.300000
Actual
—
Consensus
46.700000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/INR | ▼ Inverse | −0.50 | FOREX | Bullish INR | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The February 2014 reading rose from the previous value of 46.7. Historically, this indicator is negatively correlated with USD/INR (Bullish INR) and positively correlated with XAU/USD (Watch).
SHARE
HSBC/Markit Services PMI - IN
Loading chart data...
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - IN Events
| Wednesday, May 20, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 11:30 | IN | Infrastructure Output YoY | -0.4 | -0.5 | -0.10 | Low | |
| Thursday, May 21, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 05:00 | IN | HSBC Services PMI | 58.8 | 57.9 | 57.50 | Medium | |
| 05:00 | IN | S&P Global Composite PMI | 58.2 | 57.5 | 57.50 | Medium | |
| 05:00 | IN | HSBC Manufacturing PMI | 54.7 | 55 | 55.40 | Medium | |