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
Early on Wednesday in Asian trading, oil prices increased, reversing losses from the previous session, as worries about restricted supply due to news of falling US stocks outweighed concerns about declining demand from top oil importer China. Brent crude futures were up 73 cents, or 0.8%, at $90.76 per barrel. U.S. West Texas Intermediate crude…
The domestic sales of three-wheelers increased the most in September of the current fiscal year. A total of 50,626 units were sold domestically in September, up from 29,191 units in the same month the previous year, according to figures from the Society of Indian Automobile Manufacturers (SIAM). The data showed that between April and September,…
According to a new report, the majority of multinational corporations (MNCs) view India as an alluring investment destination for their global expansion, which will lead to foreign direct investment (FDI) of $475 billion in the next five years as a result of India’s focus on reforms and economic growth. The optimism is driven by both…
Retail food inflation increased significantly in September from 7.6% to 8.6%, primarily due to increases in the cost of vegetables and cereals. As a result, overall inflation as measured by the consumer price index increased to 7.4% on an annual basis in September from 7% in August. Due to a surge in the price of…
Infosys exceeded market expectations by reporting a net profit increase of 11.1% year over year for the quarter that ended September 30 at Rs. 6,021 crores. Sequentially, profits increased 12.3% over the previous quarter’s Rs.5,360 crores. The large IT company disclosed a share buyback for Rs.9,300 crore. Operations’ revenue reached Rs.36,538 crores, up 23.4% year…
Balrampur Chini Mills plans to increase cane throughput to increase sugar, ethanol, and cogeneration revenues, as well as expand distillery operations to increase the share of ethanol in the overall revenue mix. A change in the cane variety mix is also planned. According to Vivek Saraogi, Chairman and Managing Director of Balrampur Chini, the company’s…
Coal Minister Pralhad Joshi announced on Wednesday that preparations are in the works to boost coal reserves at thermal power plants from 24 million tonnes (mt) to 40 mt by March 2023. As of Tuesday, coal reserves at coal-fired power plants stood at 24.6 mt, according to the National Power Portal. “Our coal inventories are…
Suzlon Energy shares fell 7% to Rs. 7.10 after the company’s rights issue to fund Rs.1,200 crore opened for sale on Tuesday. Suzlon Energy rights entitlement (RE) shares or partially paid shares also fell 30.19% at Rs.1.85 against the rights offer price of Rs. 2.50 on the NSE. While the rights issuance concludes on October…
The cement industry is on a consolidation spree With two new purchases. While India Cements has announced the sale of its Madhya Pradesh plant to Parth Jindal’s unlisted JSW Cement for Rs.477 crores, the Adani Group is on the verge of acquiring the cement asset that Jaiprakash Associates has placed up for sale in order…
Tata Consultancy Services’ earnings increased 8.3% to Rs.10,465 crores in the second quarter of 2022-23, up from Rs.9,624 crore the previous year. “In terms of profitability, we crossed Rs.10,000 crore for the first time ever,” said TCS CEO Rajesh Gopinathan. Profit increased 10% sequentially from Rs. 9,478 crores in the first quarter of FY23. Revenue from…
