India tops Mint’s EM tracker for the fourth straight month

  • India kept its first spot for the fourth month in a row in June, while Brazil retained its second place. India's PMI was the highest among peers and stock markets performed well

Payal Bhattacharya
First Published28 Jul 2023
In June, India's manufacturing sector demonstrated significant growth, positioning itself as the second-fastest expansion of the year, albeit at a slightly slower pace compared to May. (Photo: Mint)
In June, India’s manufacturing sector demonstrated significant growth, positioning itself as the second-fastest expansion of the year, albeit at a slightly slower pace compared to May. (Photo: Mint)

Launched in September 2019, Mint’s Emerging Markets Tracker provides a summary of economic activity across 10 large emerging markets based on seven high-frequency indicators. With a composite score of 69, India topped the EM league table in June. Brazil and Philippines were second and third, respectively.

Top countries

India topped the league table for the fourth straight month with the highest PMI reading, inflation in control, and high GDP growth among peers.

Brazil was a close second as its stock market performance outshone peers. CPI inflation remained under control; import cover is the highest.

The Philippines jumped one spot to third in June, with a positive growth in exports. It also had the highest GDP growth in the March quarter.

(Grfx: Mint)
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.MoreLess
HomeEconomyIndia tops Mint’s EM tracker for the fourth straight month

Most Active Stocks

Bharat Electronics

309.55
10:29 AM | 14 JUN 2024
8.6 (2.86%)

Indian Oil Corporation

170.30
10:25 AM | 14 JUN 2024
1.2 (0.71%)

HDFC Bank

1,597.45
10:28 AM | 14 JUN 2024
16.55 (1.05%)

State Bank Of India

840.20
10:29 AM | 14 JUN 2024
-3.7 (-0.44%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

JK Paper

490.70
10:25 AM | 14 JUN 2024
44.35 (9.94%)

KRBL

310.05
10:22 AM | 14 JUN 2024
23.05 (8.03%)

Poly Medicure

2,003.00
09:59 AM | 14 JUN 2024
142.9 (7.68%)

KEC International

935.20
10:25 AM | 14 JUN 2024
66.25 (7.62%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    73,303.000.00
    Chennai
    73,663.000.00
    Delhi
    74,166.000.00
    Kolkata
    73,016.000.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    102.86/L0.00
    Chennai
    100.75/L0.00
    Kolkata
    103.94/L0.00
    New Delhi
    94.72/L0.00
    OPEN IN APP
    HomeMarketsPremiumInstant LoanGet App