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
After Thursday’s selloff, there was a slight recovery in metal stock prices on March 17. Today, when steel producers signed contracts with the government for the PLI scheme, investors flocked to acquire steel stocks. Union Minister of Steel Jyortiraditya Scindia stated at the PLI Scheme for Specialty Steel MoU signing event that the government intends…
According to data provided by the Commerce Ministry on Tuesday, India’s wholesale inflation, which is based on the all-India Wholesale Price Index (WPI), decreased to 3.85 % in February from 4.73 % in January. This is less than the 4% prediction made by Reuters. The data made public indicate that the decrease in the rate…
Domestic indices lost some of their early gains on Monday and lost more than 1% over the day. The Nifty 50 lost 277 points from its intraday high of 17,529.90 to trade at 17,252.25 while the BSE Sensex dropped 1000 points from its high of 59,510.92 to trade at 58,474.02. Continuing the downward trend, Bank…
Due to anticipated price growth for the metal, which had been stagnant for the first nine months of the year, steel manufacturers’ margins would improve in the fourth quarter. An added benefit would be the openness of China. In Q4, an increase of 7-8% in steel demand is predicted. “Steel prices increased from $600 per…
According to market players who spoke with the central bank last week, India’s federal government should limit borrowing in the first half of the upcoming fiscal year to 55% of the objective and increase the proportion of longer-tenor bonds. The Reserve Bank of India, which represents as the government’s debt arranger, met with a select…
The FMCG business is hopeful about at least 20 percent growth in 2023 after a ‘exponential boom’ in 2022. “We observed strong demand and a 30% increase from the prior fiscal year. Our expected revenue of Rs 4500 crores for the end of March 2023 has already been surpassed, according to Ashish Khandelwal, Managing Director…
Due to the high demand for both passenger cars and two-wheelers, retail sales of autos in India climbed by a double-digit percentage in February compared to the same month last year, according to the automobile dealers’ group FADA. Total registrations across segments increased by 16% year-on-year to 17,75,424 units last month, as compared to 15,31,196…
The state-owned power producer NTPC announced on Monday that its electricity production increased by over 12% between April – February of last year to 364.2 billion units. NTPC Ltd. “recorded 11.92% rise in generation, i.e. 364.2 BU in FY23 through February month, compared to the country’s generation growth of 9.56%,” according to a company release….
The likelihood of interest rates in the US remaining higher for longer has increased because inflation is not expected to decline anytime soon. The Reserve Bank of India may raise interest rates by 25 basis points at the following policy meeting and maintain its hawkish attitude, according to Prasanna Balachander, group head of global markets,…
After Wall Street reversed losses on Friday, Asian equities increased on expectations of a strong economic recovery in China and hints of a moderate U.S. Federal Reserve policy tightening stance. Strong U.S. data from recent weeks, particularly overnight U.S. unemployment claims, have roiled global markets and signalled that the Fed will need to hike rates…
