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 first half of the current fiscal year saw India import 131.92 million tonnes (mt) of coal for a whopping 2.31 lakh crore, or about $28 billion at Wednesday’s exchange rate, the highest amount thus far in value terms since FY19. The high value of imports was caused by rising global coal costs, which were…
Two significant macroeconomic indices issued on Monday indicated conflicting trends. Consumer Price Index (CPI)-based retail inflation fell to an 11-month low of 5.88% in November from 6.77% in October, but the Index of Industrial Production (IIP)-based measure of industrial output shrank by 4% from 3.2% growth in September to 4.0%. For the first time in…
For the second month in a row this fiscal year, India was a net importer of steel in November, with imports totaling 600,000 tones. This trend is symptomatic of a global slowdown in the metal cycle and ongoing pressure on the price of domestic products. According to a report from the Steel Ministry that was…
Hindustan Unilever, a major FMCG company, entered the health and wellbeing market by making strategic investments in Nutritionalab’s Wellbeing Nutrition and OZiva from Zywie Ventures. HUL would pay ‘264 crore in cash to acquire a 51% interest in OZiva through a combination of primary infusion and secondary buy-outs. HUL stated that the remaining 49% will…
According to Jyotiraditya Scindia, Union Minister of Steel, at least eight coking coal blocks would be put up for auction as India seeks to strengthen its own resources and lessen reliance on imported coal. India is still looking at “alternatives” and has conversations with nations like Russia, Mozambique, and Australia. Coking coal is a crucial…
According to information available on NSE, foreign institutional investors (FII) sold shares worth a net of Rs 1,241.87 crore on December 7, 2022, while domestic institutional investors (DII) purchased shares worth a net of Rs 388.85 crore.Up to December 7, FIIs sold shares totaling a net amount of Rs 4,367.46 crore, while DIIs purchased shares…
The markets appear to have agreed that the monetary policy decision is mostly hawkish after RBI Governor Shaktikanta Das asked the media, markets, and “informed circle” to estimate whether the MPC’s meeting outcome is hawkish, dovish, or “something else” totally. Despite the fact that investors had anticipated the repo rate increase of 35 basis points…
Five days after the retail e-rupee pilot programme was introduced, the RBI and banks are pleased with the first response and operational effectiveness. However, involvement in terms of value has been very low. Bankers claim that this is the case for both the wholesale and retail markets for digital currencies, despite the fact that the…
Stocks of cement companies have increased as a result of better demand driving up prices and lowering input costs. Cement prices across all of India have increased by 2% on average. Last month, prices increased by 4% in the Eastern region, where increases have already occurred three months in a row, and by 2% in…
Coking coal, anthracite, met coke, ferro nickel, limestone, manganese ore, and chrome ore are among the essential raw materials used in the production of steel that the Steel Ministry has proposed eliminating import duties on, while also arguing for a reduction in the tax on graphite electrodes in the upcoming Budget 2023–24. The absence of…
