The seasonally adjusted HSBC India Services Purchasing Managers’ Index rose to 59 in February from 56.5 in January, remaining comfortably above the 50-point mark that separates expansion from contraction.

The seasonally adjusted HSBC India Services PMI Business Activity Index climbed to 59.0 in February, recovering from a 26-month low of 56.5 recorded in January.

The HSBC India Services PMI rose to 59.0 in February, up from January's 26-month low of 56.5, indicating a sharp expansion in business activity. India's services sector expanded at a stronger pace in February,