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
Vodafone Idea has decided to hold over an additional Adjusted Gross Revenue (AGR) dues of Rs 8,837 crore for a period of four years, and avail of the Government’s four-year prohibition on such payments. The dues concern FY18 and FY19, which were not covered by the Supreme Court’s October 2019 order, under which telecom operators…
India’s steel exports is expected to fall by 40% to 12 million tonnes (mt) this fiscal, owing to duty related measures taken by the government last month, “Steel exports will drop 35-40% to 10-12 mt this fiscal following the 15% export duty imposed on several finished steel products last month. Exports of iron ore and…
Auto parts manufacturers’ revenues are expected to grow by 8-10 per cent in FY23, supported by stable demand in the vehicle sector and likely easing of supply chain related limitations in the second half of the fiscal, according to a report by rating agency ICRA. In the last fiscal year, 31 auto component companies with…
Indian markets ended lower for the second consecutive week of June and also posted their biggest weekly fall since May 2020 as global inflation pressure worries lead to monetary policy tightening by central banks. For the week, Nifty fell 908.3 points (5.6€%) to end at 15,293.5, while Sensex fell 2,943.02 points (5.41%) to close at…
Producers’ inflation based on the wholesale price index (WPI) raised to a 30 year high of 15.9% in May, driven by an across the board rise in prices led by crude petroleum, metals and food products. The print for April was 15.1% and was 13.11% in May 2021. In contrast, retail inflation in May, based…
To tide over a possible shortfall in availability of coal during the following monsoon months, Coal India (CIL) has floated an global competitive bidding e-tender to import 2.416 million tonnes (mt) of coal. The import would be for July-September period of the current fiscal year, said a press statement issued by the company. CIL’s board…
The Reserve Bank of India’s monetary policy committee (MPC) in its June meeting raised the repo rate for a second straight month and stated that it would now focus on withdrawal of accommodation while dropping all mention of an accommodative stance from its script. The MPC collectively raised the repo rate by 50 basis points…
Cement company stocks continue to rolls under weak demand and high operational cost concerns for the second consecutive day. UltraTech Cement stock was down ₹425 in the last two days to ₹5,582 on Tuesday. The country’s largest cement company has announced ₹12,886 crore investment to enhance its production capacity by 23 mpta to 159 mtpa….
The RBI’s policy decision would be the major event driving trading sentiment in the equity market this week, while global cues, foreign funds movement and crude oil prices will be the other key factors to watch out for, analysts said. Markets have been witnessing a rebound recently. However, the move lacks determination amid remaining challenges like…
The market stretched gains for the third week ended June 3 after the corporate earnings season, supported by positive global cues and good updates on monsoon progress. In the coming week, the market is expected to continue its uptrend amid volatility and monetary policy meeting but anything negative on the global front could spoil the…
