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 the strength of strong rise in net interest income, Bank of India (BoI) announced a 12% increase in third quarter net profit at 1,151 crore. The net profit was achieved despite a significant rise in provisions, including those for standard assets, poor and questionable assets, and other assets, as well as a reduction in…
Based on the Wholesale Price Index (WPI), producer inflation fell to a 22-month low in December. WPI-based inflation decreased from 5.85 percent in November to 4.95 percent in December, primarily as a result of lower prices for food items and crude oil. The Monetary Policy Committee is anticipated to face pressure to postpone the increase…
In Mumbai, a residential community is getting ready to move off the grid and use captive solar energy for home purposes. A contract for the provision of solar energy has been inked by Tata Power Renewable Energy Ltd and Vivarea Condominium, a housing association in south Mumbai. The 3.125 MW solar project, a first of…
Exports from Indian steel mills climbed by 31% in December over November, reflecting improved sentiment following the Center’s removal of export taxes on November 19. Key exports of non-alloyed steel experienced their largest sequential gain this fiscal year in December (271%) (over the prior month), while exports of alloyed steel fell by half. The steel…
The Central Bank Digital Currency (CBDCRetail or eR) has gained popularity after a sluggish beginning. By the end of the month, there will be 50,000 CBDCR users, up from 16,000 at the moment. On December 1, the Reserve Bank of India began an eR pilot experiment. The digital money is doing fairly well, according to…
Foreign portfolio investors (FPIs) have maintained their investment interest in India’s primary market despite remaining net sellers in the secondary market for the majority of the current fiscal year. The secondary market (or stock market) is where securities are traded between buyers and sellers through an exchange, as opposed to the primary market (or stock…
In its first estimate of sugar production for 2022–23, which was just announced, the private trade group All India Sugar Traders Association (AISTA) estimated India’s sugar production at 34.5 million tonnes, a decrease of 3.63% from the 35.8 million tonnes produced in the prior year. Maharashtra will produce 12.4 million tonnes of sugar this season,…
On Monday, December 26, 2022, data available on NSE shows that foreign institutional investors (FII) sold shares worth a net Rs 497.65 crore while domestic institutional investors (DII) bought shares worth a net Rs 1285.74 crore. FII sold shares worth a net of Rs 8,967.18 crore for the month of December up to that point,…
On the strength of improving global cues and firming up of international pricing, Indian steel mills are considering price increases in January. Domestic orders, though, are still on the low side. First indications point to price increases of $500 per tonne for flat-coated products, which have been hardest hurt by growing imports and price variations….
On Thursday, December 22, 2022, data available on NSE shows that domestic institutional investors (DII) bought shares worth a net Rs 2206.59 crore while foreign institutional investors (FII) bought shares worth a net Rs 928.63 crore. FII sold shares worth a net of Rs 7,762.69 crore for the month of December up until December 22,…
