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
The HSBC India Services Business Activity Index, or services PMI, increased to 58.7 from 58.5 in March, indicating a surge in growth momentum for India’s service providers in April. This showed that the production of the service sector had grown significantly and more robustly. A reading of 50 implies no change, a rating below 50…
Mahindra & Mahindra (M&M) stated on Monday that the SML Isuzu acquisition is strategically intended to increase market share in the truck and bus segments while simultaneously attaining higher cost reductions in the tractor segment. The plan to purchase a 59% share in SML Isuzu for a total of Rs 555 crore was accepted by…
A Rs 25,000-crore Maritime Development Fund (MDF) for the shipping industry is anticipated to be approved shortly by the Union Cabinet, according to sources. The final plan was submitted to the Cabinet for approval by the Ministry of Shipping. The MDF was established to support India’s maritime industry, as the Finance Minister had previously stated…
In support of a resurgence in private corporate investment and private spending, Reserve Bank Governor Sanjay Malhotra and the other five members of the rate-setting panel voted earlier this month for a 25 basis point drop in the repo rate. On April 9, Governor Malhotra’s Monetary Policy Committee (MPC) lowered the short-term lending rate by…
With only a few weeks remaining in the harvest season, mills’ sugar production for the current 2024–25 season (October–September) has topped 25.59 million tonne (MT). According to the Indian Sugar & Bio-Energy Manufacturers Association (ISMA), the production of sweeteners for the entire season is expected to be about 26.4 million tonne MT, excluding 3.5 MT…
With the recent award win of a 378 MW wind energy project, Suzlon Energy Ltd. announced on Wednesday that it has expanded its largest partnership with NTPC Green Energy Ltd (NGEL) to 1,544 MW. The company claimed in a regulatory filing that the victory reaffirms Suzlon’s unchallenged market leadership and dedication to long-term, significant growth….
The earnings season for the fiscal fourth quarter has begun, with major IT services companies already announcing their Q4 results. This week, the auto sector will start reporting its figures. On April 25 (Friday), Maruti Suzuki India is set to release its Q4FY25 figures. Brokerage firms indicate that volume growth in Q4 will likely be…
According to a survey by Crisil Intelligence, the cement sector is anticipated to see a demand growth of 6.5–7.5% this fiscal year. It also stated that this will be fueled by a roughly 10% increase in funding for ministries responsible for essential infrastructure and the hope that an above-average monsoon will increase agricultural profitability, which…
On April 22, HDFC Bank’s stock reached the Rs 15 lakh crore milestone, making it the third Indian corporation to do so. Before HDFC Bank, only Tata Consultancy Services and Reliance Industries had accomplished this feat. Following the results of the March quarter, HDFC Bank’s stock has been increasing. The standalone profit of HDFC Bank…
Foreign investors made a big return to the Indian equities markets last week, contributing close to Rs 8,500 crore, following a period of prolonged withdrawals earlier this month. Because of India’s robust internal economy and relative protection from interruptions in international commerce, investor mood has strengthened, as evidenced by the inflows. Foreign portfolio investors (FPIs)…
