Sectoral Equity Indices & Market Analysis
Index
...led by strong Urban demand
Uptrend in Domestic Air Passenger traffic continues as covid-19 related
restrictions eased and economic activities increased (in Lakh)
56-
54-
Job creation continues in positive manner
Classification - Restricted
Passenger Vehicle Sales continues to improve (YoY) on back of strong demand and
easing supply woes
400
356
107
108
140
120
100
77
78 77
78
80
64
57
60
40
20
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Source: DGCA
2021 2022
120
350
294
105
102
104
300
271
276
281
97
67
67
50
31
21
in thousands
254
252
251
238
250
200
150
100
50
0
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
2021
2022
Source: SIAM
52-
50
48-
46-
44-
42-
29
40
PMI Manufacturing-employment
Note: PMI value of above 50 indicates expansion.
Source: S&P Global.
14
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Confidential/Restricted
PMI Services-employment
-No change level
Source: RBI (State of the Economy)
No. of Registrations
160000
140000
120000
100000
Total Property Registrations in 10 major cities shows rising Urban demand
180000
80000
60000
40000
20000
04:2018-19
01:2019-20
Q2:2019-20
Q3:2019-20
04:2019-20
Q1:2020-21
Q2:2020-21
HDFC BANK RESEARCH
Classification - Restricted
03:2020-21
04:2020-21
Q1:2021-22
Q2:2021-22
03:2021-22
04:2021-22
01:2022-23
Source: Registration authorities of State govt and RBI Staff Estimate
HDFC BANK
We understand your worldView entire presentation