New Delhi, Oct. 24 -- India's private sector growth lost some momentum in October, as a slowdown in services tempered overall activity, according to HSBC's Flash India Purchasing Managers' Index (PMI) survey released on Friday.

The survey showed the weakest rise in new orders and output since May 2025, with international sales also expanding at a slower pace.

The HSBC Flash India Composite PMI Output Index, compiled by S&P, decreased to 59.9 in October from 61 in September, indicating a slight moderation in overall private sector growth. However, the reading still remained above 50, a mark that separates expansion and contraction.

The services business activity index eased to 58.8 in October from 60.9 in September, indicating a softer ...