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
Forward-looking polls from the Reserve Bank of India indicate a general improvement in the economy. While a survey of 40 professional forecasters on macroeconomic indicators predicted GDP growth of 6.6-7.2% for 2022–2023, a survey on the outlook for services and infrastructure revealed an improvement in the general business environment, with respondents especially upbeat about employment…
The RBI stated in its Statement on Developmental and Regulatory Policies that it is putting up a pilot project on QR code-based coin vending machines (QCVM) in partnership with a few major banks to increase coin distribution to the general population. The QCVM is a cashless coin dispenser that eliminates the requirement for physical banknote…
The greatest outflow of foreign capital from Indian stocks in the recent seven months totaled 28,852 crore in January, mostly as a result of the appeal of the Chinese markets. Data with the depositories showed that there had been net investments of 11,119 crore in December and 36,238 crore in November prior to this. de…
The majority of financial industry professionals anticipate the Monetary Policy Committee (MPC) to opt for a moderate repo rate increase of 25 basis points during its policy review meeting this week. Monday marks the beginning of the MPC’s three-day deliberations, and February 8 marks the announcement of the result. In his most recent bimonthly monetary…
By introducing the concept of “blue” and “yellow” bonds as new forms of sustainable finance, markets regulator SEBI enhanced the environment for green bonds on Friday. Water is related to blue bonding. Yellow bonds are related to solar energy, whereas management and marine sector bonds are about. which are green debt securities’ subcategories. According to…
In light of the Adani Group of Companies’ stocks and bonds taking a beating over the past few days and Adani Enterprises’ withdrawal of its fully subscribed 20,000 crore follow-on public offer, the Reserve Bank of India (RBI) has asked banks to share details of the loans they have sanctioned to the Adani Group of…
The government’s proposal to increase capital spending by 33% to 10 lakh crore in the upcoming fiscal year will increase demand for steel and cement and benefit capex-intensive industries. 3.3% of GDP would be spent on capital projects by the government, approximately tripling what was spent in 2019–20. Along with the central government investment, the…
In the Budget 2023, Finance Minister Nirmala Sitharaman vowed a push in the green energy sector. India wants to promote decarbonization and the expansion of clean energy, therefore the news makes sense. FM According to Sitharaman, the nation would concentrate on green growth initiatives to lower carbon intensity and generate green jobs. Stocks of green…
Since the sugarcane crop has been hampered by excessive rainfall, primarily in Maharashtra and Karnataka, the Indian Sugar Mills Association (ISMA) has revised lower the country’s production of the commodity to 34 million tonnes (mt) for the current season (October 2022 September 2023). The projection by ISMA, an association of private sugar mills, is 5%…
Oil prices dropped on Monday, giving up earlier gains, as investors remained cautious ahead of a U.S. Federal Reserve meeting that may cause market turbulence and global producers this week decided to keep output steady. Brent crude futures were down 20 cents, or 0.2%, to $86.46 per barrel, while U.S. West Texas Intermediate crude was…
