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 Monetary Policy Committee (MPC) is expected to unanimously decide to raise the policy repo rate by 50 basis points (bps) at its upcoming meeting in order to rein in above-target inflation and address currency concerns. If the MPC votes for a 50 basis point increase in the repo rate (the interest rate at which…
In a bid to drive efficiency and cut operational costs, Tata Steel has decided to merge seven subsidiaries, including four listed entities with itself. The Board of Directors of all the Tata Steel group companies have approved the schemes for the proposed amalgamation. Based on an independent valuer report, Tata Steel Long Products investors will get…
The Reserve Bank of India’s (RBI) mission will be made more difficult by the falling rupee, which is the result of high wholesale prices and retail inflation. This could lead the MPC, which meets next week, to consider another aggressive rate hike of at least 50 basis points. At the same time, fears of elevated…
India expects to improve its coal power fleet by around a quarter by the end of the decade in order to meet rising demand until energy storage costs decline. The world’s third-largest emitter of greenhouse emissions would install roughly 56 gigatonnes of coal generating capacity unless the cost of storing electricity falls significantly. India is…
U.S. tech major Accenture has given a below market estimate revenue guidance of 8–11 percent for FY23 due to reduced IT spending and rising inflation. This is a probable signal that the Indian IT firms may face headwinds and see the revenue growth momentum slowing down. Accenture expects revenue growth of 8 to 11 percent…
The government should aim to increase domestic edible oil production to meet the roughly 0.7 million tonnes (MT) incremental increase in demand each year in order to reduce rising edible oil imports, which are threatening to put pressure on the current account, said Atul Chaturvedi, President of the Solvent Extractors’ Association of India (SEA), on…
The Government approved an extra 19,500 crore in funding for the production-linked incentive (PLI) plan for the development of high-efficiency solar modules. The government anticipates that this financial assistance will stimulate investment of 94,000 crores in a heavily dependent on imports industry, resulting in the domestic production of 65 GW of completely and partially integrated…
The Indian Sugar Mills Association (ISMA) has urged the government to swiftly implement the sugar export strategy, claiming that the sugar selling season of 2022–2023 will require at least eight million tonnes of exports. Vivek Pittie, Director of Harinagar Mills in Mumbai and a member of ISMA, stated that the industry group thinks the government…
Honda’s India CEO, the Japanese automaker expects its Indian operations to resume growth as it prepares to re-enter the popular sports utility vehicle market in next year. Sports utility vehicle (SUV) sales have exceeded 30 lakh per year in the domestic passenger car market, but the corporation, which is present in the nation through a…
UPL, a provider of sustainable agriculture solutions, announced on Friday that it has combined with CleanMax, a provider of renewable energy, to build a hybrid captive solar-wind energy plant in Gujarat. A hybrid captive power plant with a capacity of 28.05 MW of solar electricity and 33 MW of wind power will be built and…
