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 Reserve Bank of India (RBI) on Wednesday cancelled the certificates of registration (CoRs) of five Non-Banking Financial Companies (NBFCs) who had been offering their services through app-based platforms. The regulator mentioned irregular lending practices of the companies as the reason for its action. “The CoR of the Five NBFCs have been cancelled on account…
Sugar stocks on Tuesday came under selling pressure after media reports indicated that restrictions were likely to be imposed on exports to protect food supplies in the country. The Government is planning to limit sugar exports at 10 million tonne (MT) for the marketing year that runs through September, in order to ensure that there…
The reduction in petrol prices on account of excise duty cut by the Central government is expected to provide a much needed break for the two wheeler segment. While the rural economy is showing signs of improvement, petrol price reduction, along with the opening up of schools and colleges, should forecaster well for two wheeler…
As per the new order, an export duty of 15% will be imposed on hot-rolled and cold-rolled alloy and non-alloy flat steel products (of 600 mm or more width). Also, a 15% duty will be imposed on exports of hot-rolled bars and rods, other bars and rods of iron or non-alloy steel, flat-rolled products of…
Retail inflation based on the Consumer Price Index (CPI) increased to near 8-year high in April to 7.79%. The previous high was noted in May 2014, when retail inflation rate touched 8.33%. The continuous fuel price hike likely had a climbing effect on the final price of various products. Also, increasing global prices of commodities…
India’s imports from Russia witnessed a more than three times jump to $4.67 billion compared to last year since the Ukraine conflict began on February. The rush in shipments from Russia is thanks to New Delhi’s efforts to hit good deals with Russian suppliers to tide over a expanding shortfall of crude oil and other…
Foreign Portfolio Investors (FPIs) cut out over ₹20,000 crore from financial services and information technology (IT) sectors in last month, as they continued their selling of Indian equity shares for the seventh straight month. According to latest data, the financial services sector saw a net out flow of ₹12,891 crore in April while the IT…
With Russian aggression showing no signs of dropping, IT companies in Ukraine are focusing at India to set up Off shore Development Centres (ODCs). “In the last one month, we got nearly 70 inquiries from IT companies based in Ukraine to look at the possibility of setting up Off shore Development Centres in India,” said…
For the week, the Nifty fallen 691.25 points (4.04 percent) to closed at 16,411.3, while Bank Nifty fallen 1495 points (4.14 percent) closed at 34591. the BSE Sensex down 2,225.29 points (3.89 percent) to closed at 54,835.58. Indian market decreased 4 percent in the week ended May 6 after a surprise rate hike by the…
Tata Motors, India’s biggest commercial vehicle manufacturer, on Thursday launched a battery electric version of its popular mini truck Ace which it plan to launch commercially next quarter. The launch would mark Tata Motor’s charge into the electric cargo segment of commercial vehicles. The company also signed an MoU with various e-commerce and logistics companies…
