Welcome to the Indian Market tracker, we constantly support traders to analyze the rise and fall of the market for ten categories on the daily basis. We analyze and display the beginning value of the market on the morning updates and the Ending value on the evening updates. We examine the everyday trends for these categories and flash them as push notifications in our mobile applications and our success rate is above 80 percent. Play Store
On Wednesday, Inox Wind Limited (IWL) declared that Serentica Renewables (Serentica) had placed an order with IWL for 60 MW. According to a regulatory filing, this order is for the delivery of 3 MW class turbines by H1 CY25. These WTGs will also be installed at the hybrid renewable energy project site in Karnataka that…
Following a decision from the National Company Law Tribunal (NCLT), ITC Ltd. stated on Tuesday that it has set January 1, 2025, as the effective date for the demerger of its hotel sector. The business disclosed in a regulatory filing that NCLT had issued an order approving the deal. The demerger between ITC Limited and…
Waaree Energies declared on Monday that it had accepted two projects totaling 398 MW for the provision of solar modules. The projects for which the orders are intended are 249 MW and 149 MW, respectively. “The company has received orders for 2 projects aggregating 398 MW, for the supply of solar modules,” Waaree Energies stated…
According to data issued by the commerce ministry on Monday, the November wholesale pricing index (WPI)-based inflation rate in India decreased to 1.89 percent, mostly as a result of rising prices for textiles, machinery & equipment, food items, and other manufacturing. In October of this year, WPI inflation was 2.36%, up from 0.39 percent in…
Despite reaching new lows in CY24, the rupee beat the majority of Asian currencies because the Reserve Bank of India (RBI) intervened promptly. Over the year, it lost 1.5% of its value about the US dollar. The dollar index, which measures how the US dollar performs about a basket of six major currencies, is down…
Friday, December 13, saw a good market response to Hindustan Aeronautics (HAL) announcement of a Rs 13,500 crore agreement with the Ministry of Defence to purchase 12 Su-30 MKI aircraft. The stock of the business opened at Rs 4,754.50 in reaction to this announcement, and it peaked at Rs 4,755 during the early trading hours….
Reliance Nu Solar Energy Corporation of India awarded a 930 MW solar energy contract for a battery energy storage system project to Suntech, a Reliance Power subsidiary, in an e-reverse auction on December 9. Following the tender conditions, Reliance NU Suntech will also need to install a minimum of 465 MW/1,860 MWh of solar-powered storage…
As food prices cooled off, India’s retail inflation rate dropped to 5.5 percent in November from a 14-month high of 6.2 percent the month before. Compared to 10.9 percent in October, food inflation decreased to 9 percent for the month.For the third consecutive month, consumer prices have stayed over 5%. At its December meeting, the…
As worries about the nation’s economic future grew and other Asian currencies began to fall, the Indian rupee fell to a record low against the US dollar on Wednesday. By the end of trading, the rupee made a slight rebound, closing at 84.83 after plunging to its lowest point ever, 84.8650. The Chinese yuan pushed…
Investor confidence in mutual fund schemes has remained strong during a period of downward-biased volatility in both the Nifty-50 and Sensex. Mutual fund schemes’ net assets under management reached a new high of Rs 68 lakh crore. Every month, however, equity inflows in November decreased by 14% to Rs 35,943.49 crore. This decline was the…
