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
Companies involved in solar energy have expressed shock at the government’s sudden removal of solar from “project import regulations,” which gave products intended for projects with discounted customs tariffs. In accordance with its previously stated aim, the Center introduced basic customs duties of 40% (plus a 10% social welfare surcharge) on imported solar modules and…
On the strength of an increase in spending for the expansion of coal evacuation infrastructure, Coal India Ltd (CIL) reported a 33 percent increase in Capex at 7,027 crores for the first half of the current financial year compared to 5,300 crores in the same period last year. The two infrastructure components for coal evacuation,…
On Tuesday, the largest US private equity firm KKR announced that it has signed contracts to invest $400 million (about Rs 3,262 crore) in Serentica Renewables, a group company owned by billionaire Anil Agarwal that aims to offer clean energy solutions. Agarwal’s Twinstar Overseas, which also holds a majority position in Sterlite Power Transmission and…
According to Sonjoy Mohanty, DirectorGeneral, Indian Sugar Mills Association, The sugar sector is hoping that the government will permit the export of an additional 30 lakh tonnes (lt) of sugar (ISMA). As a result, he continued, domestic prices would remain stable, cane growers will receive payments on time, and inventory levels will decrease. The central…
The Reserve Bank of India (RBI) said that foreign exchange reserves increased by $531.1 billion for the week ending October 28—the largest weekly increase since September 2021. Experts speculate that the huge increase of $6.6 billion in India’s foreign exchange reserves may have been caused by the delivery of US dollars from the Reserve Bank…
The central bank should first try and bring down retail inflation to 6% – the upper band of its medium-term target – before modifying the pace of its rate increases Said C Rangarajan, the best-known economist and former governor of the Reserve Bank of India (RBI) Although the central bank does not set a specific…
Foreign portfolio investors (FPIs) changed from being continuous sellers for the previous two months to net purchases in the first week of November in Indian markets, ahead of the critical US Federal Reserve meeting. The FPIs invested $15,280 crore in Indian shares in November in expectation of a possible Fed rate cut and highly adverse…
The global weakness, India’s equity market managed to ignore the US Fed’s aggressive 75 basis point rate hike and finished with a small loss. However, Government Securities (GSecs) took a hit, and the rupee ended the day with less value. According to analysts, the market’s stability was due to significant purchasing by foreign portfolio investors…
Shaktikanta Das, governor of the Reserve Bank of India (RBI), aimed to soothe worries on Wednesday that the Monetary Policy Committee’s explanation to the government on a breach of the inflation target would not be made public. Das claimed that because this was sensitive material, the RBI was not authorized to reveal the contents, but…
The majority of the manufacturers of passenger vehicles (PVs) recorded double-digit growth over the same month last year, while domestic wholesales (dispatches to dealers) of automobiles maintained their momentum in the festival month of October. The manufacturers predict that the trend will hold in the upcoming months due to the better semi-conductor condition. Market leader Maruti…
