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
In order to replace a reticent IndianOil (IOC) for the potential purchase of a 50% stake in Tullow Oil Plc’s USD 3.4 billion oilfield project in Kenya, India’s leading international oil company ONGC Videsh has found a new partner in Oil India Ltd. However, the aggressive Chinese energy giant Sinopec has entered the fight and…
In April 2023, India’s coal output increased by 8.85% to 73.14 million tonnes (MT), and the total amount of coal shipped during the month increased by 11.66% to 80.35 MT compared to the same period last year. According to the coal ministry, there were 71.96 MT of coal available in April 2022, while production was…
The largest stainless steel producer in the nation, Jindal Stainless (JSL), has set aside Rs 2,500 crore in capital for FY24, which will be mostly utilized to complete its recent acquisitions. In addition, the business wants to rank among the top three stainless steel producers outside of China. JSL made plans to invest $157 million…
In an effort to increase derivative trading at the country’s leading market, BSE on Monday relaunched the Sensex and Bankex derivative contracts. According to BSE, the relaunch of derivative products includes a smaller lot size for futures and options, as well as an earlier Friday expiry cycle. Derivatives are regarded as high-risk, high-reward financial tools…
The Indian equities markets achieved large gains and closed over 1% higher during a week of persistent volatility, buoyed by in-line profits, FII support, and a disregard for warning signs from international competitors. The Nifty50 increased 245.8 points or 1.36 percent to close at 18,314.8, and the BSE Sensex increased 973.61 points or 1.59 percent…
Hindustan Copper, a state-owned company, announced on Thursday that it intends to raise approximately Rs 548 crore through various financial channels. On May 19, 2023, the company’s board of directors will discuss a related proposal. The company stated in a regulatory filing that its board will consider “The recommendation for seeking approval of shareholders to…
Out of the 514 crore liters of ethanol contracted for the ethanol supply year (ESY) 2022-23, 233 crore liters had been delivered to oil marketing companies as of April 30. This allowed them to increase the blending to 11.65 percent from 10% during the same period last year. In the present ESY, a 12% ethanol…
With the lowering of prices and the emergence of some hopeful signs for rural demand in the March quarter, FMCG volume growth turned positive once again. FMCG firms reported that the fourth quarter showed some initial signs of recovery after commodity headwinds had a negative influence on demand during the first nine months of the…
As global supplies fall far short of what airlines need to achieve their decarbonization objectives, Indian Oil Corp. plans to construct a sustainable aviation fuel plant for 10 billion rupees ($122 million). According to S.S.V. Ramakumar, director for research and development, the facility will be able to manufacture 88,000 tonnes of SAF annually, and Indian…
During the months of January through March, Wipro’s net profit increased somewhat sequentially by 0.70% to Rs 3,074.5 crore, falling short of the Rs 3,129 crore Bloomberg consensus estimate. The period’s revenues, which were similarly less than the projection of Rs 23,460 crore, were down 0.16% sequentially to Rs 23,190 crore. The board of directors…
