SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Indian manufacturing sector loses momentum in November

01 Dec 2020 Evaluate

Indian manufacturing sector lost momentum in the month of November, amid slower increases in factory orders, exports, buying levels and output. As per the survey report, the Nikkei India Manufacturing Purchasing Managers’ Index (PMI) - a composite single-figure indicator of manufacturing performance - eased to 56.3 in November as against 58.9 in October, although it well above the 50-level that separates growth from contraction.

As per the survey report, aggregate new orders rose at the slowest pace in three months. However, the upturn was sharp and stronger than any seen for eight years prior to September. Besides, employment decreased again as companies observed social distancing guidelines. The rate of job shedding was solid and little-changed from October.

The report further noted that new export orders increased markedly in November, on the back of strong demand for goods from key export markets. However, the pace of expansion eased from October's recent high. Trends for stocks were mixed, with an increase in input holdings contrasting with ongoing declines in inventories of finished goods.

On the price front, input costs and output charges rose at accelerated rates that nevertheless remained below their respective long-run averages. Meanwhile, business optimism faded slightly in November. Output growth is still predicted for the year ahead, but concerns about public policies, rupee depreciation and the COVID-19 pandemic dampened overall confidence.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: