The official purchasing managers’ index (PMI) rose to 50.2 in September from 49.7, according to the National Bureau of Statistics, edging above the 50-point level demarcating contraction from expansion. The reading beat a forecast of 50.0.
AMCs and brokerages outperforming despite lending challenges: Digant Haria
This year it is not going to happen. And which is why, yes, the sector is getting narrower and narrower. In the large banks, the