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 market closed higher for the fourth straight week as global markets cheered better U.S. inflation data, commodity prices softened and foreign investors kept on buying Indian equities. Strong earnings and a better monsoon fuelled the rally on the home lawn. In the last week, the BSE Sensex gained 1,074.85 points (1.84%) to closed at 59,462, while the Nifty 50…
The supply of coal to electricity generating plants increased by 17.09 percent to 58.45 million tonnes in July due to a rise in power demand, the government data said. The government in the last few months has taken various measures to ensure the sufficient availability of coal for power stations. The total coal dispatch to power utilities…
ITC plans to invest Rs. 2,500 crores to set up five new plants in different parts of the country, including a state-of-the-art packaging plant at Nadiad in Gujarat, over the next two years. ITC chairman Sanjiv Puri said apart from the packaging plant at Nadiad, a spice plant will come up at Guntur in Andhra…
The upcoming festival season and export opportunities emerging from the crisis-ridden textile sectors in neighboring countries may help the textile industry in India battle the declining global demand. “Textile industries of Bangladesh and Sri Lanka are in complete boredom both on account of political instability and their complete reliance on exports for survival. This is a…
The Reserve Bank of India on Friday raised the repo rate by 50 basis points, the third straight increase since May in an effort to cool rigid high inflation and defend the rupee. The repurchase rate was raised by 50 basis points to lift the interest rate to the pre-pandemic level. The 5.40% repo rate was last…
Power Minister RK Singh on Wednesday introduced the Energy Conservation (Amendment) Bill, 2022 in Parliament, which provides for setting up Carbon markets. Further, the Bill also seeks to mandate the use of non-fossil sources, including green hydrogen, green ammonia, biomass, and ethanol for energy and feedstock. The amendments aim to promote renewable energy and the…
The central government has approved an additional 1.2 million tonnes (MT) of sugar exports for the current season in expectation of higher domestic production in the next season. This approval is in addition to around 10 MT of sugar already exported in the current season (October 2021-September 2022). The projected sugar exports in excess of…
Improved semiconductor supply and new launches in the last few months led to growth in automobile sales in July, not only in the passenger vehicle (PV) segment but also in the two-wheeler and commercial vehicle segments. Some companies recorded one of the highest monthly sales in July post-Covid restrictions and some reported highestever monthly sales…
The Coal Ministry has cancelled the mining leases of West Bengal Power Development Corporation, Monnet Ispat & Energy and staterun NTPC for delays in operationalizing coal blocks and missing production targets, Parliament was informed on Monday. The Ministry penalized a total of 45 companies for delays in commencing operations and missing production targets, according to…
Indian equity benchmark indices closed 1% lower for the week ended July 15 amid volatility, weak GDP data, and rising global inflation, which fueled the fears of a further rate hike by central banks across the world. However, reduced FIIs selling, lower crude oil prices, and a good monsoon provided some support to the market. During the…
