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
India’s export of goods dropped for the first time this fiscal year in October 2022, dropping 16.6% to $29.78 billion (year over year). Shipments of the most of major goods, including petroleum, gems and jewelry, engineering equipment, chemicals, textiles, and medicines, suffered. According to initial estimates issued by the commerce and industry ministry for October…
In October, for the second time this fiscal year, India became a net importer of steel due to lower-cost options in the downstream industry, such as cold-rolled and coated goods, while exports significantly decreased in volume. According to information accessible with the Steel Ministry, steel imports totaled 5,93,000 tonnes in October, compared to exports of…
The International Monetary Fund (IMF) declared on Sunday that the outlook for the global economy is much more gloomy than it was predicted to be last month, citing a steady slide in purchasing manager surveys in recent months. According to a blog written for the G20 leaders’ summit in Indonesia, the prospects for global economic…
Retail and wholesale inflation decreased in October, according to official figures released on Monday, which is good news for both the government and the RBI. Consumer Price Index (CPI)-based retail inflation decreased to a three-month low of 6.77% in October from 7.41% in September. Based on the Wholesale Price Index (WPI), wholesale inflation decreased from…
The cost of importing edible oil into the nation increased by 118 percent from the 2019–20 oil season to the 2021–22 oil season (November–October). According to information provided by the Solvent Extractors’ Association of India (SEA), the value of imported edible oil increased by 34% from the season of 2020–21 to 2021–22, reaching $1.56 lakh…
Adaro Minerals Indonesia, Tbk, an Indonesian metals firm, announced on Sunday that it has signed a Memorandum of Understanding (MoU) with Hyundai Motor Company of South Korea regarding the supply of aluminium for the production of automobiles. On the eve of the G20 conference in Bali, Indonesia, the MoU was signed. According to the announcement,…
On November 16, the governor of the Reserve Bank of India, Shaktikanta Das, called a meeting with the heads of a few public sector banks and private sector banks to examine the sustainability of the country’s strong credit growth and determine whether any risks exist in the loan portfolios of the banks in light of…
According to the Society of Indian Automobile Manufacturers (SIAM), passenger car wholesales (dispatches to dealers) in India increased 29% year over year (YoY) to 2,91,113 units in October from 2,26,353 units in October 2021, driven by strong festival season demand. Again, the utility vehicle (UV) category outsold the passenger car (PC) sector during the month,…
Market ended higher for the fourth consecutive week and rallied more than 1 percent in the week ended November 11 on the back of a strong comeback by global markets after lower-than-expected U.S. inflation data, continued FII support, rising rupee. For the week, BSE Sensex gained 844.68 points or 1.38 to end at 61,795.04, while…
Millions of public shareholders in listed companies that go through the Corporate Insolvency Resolution Process are being protected, according to market regulator SEBI (CIRP). The CIRP has so far mainly served the interests of banks and significant creditors, with shareholders losing control of a company the moment it entered the debt restructuring process and the…
