Daily Market Analysis – 27th Apr 2021
Cement Sector and opportunities in India Sector overview India is the 2nd largest cement producer in the world after China.The production of cement was 502 Million tonnes in 2018 and expected to grow 550 tonnes by 2020. The demand of the cement industry is expected to reach 550-600 MT per annum (MTPA) by 2025 because of the expanding demand of different sectors, i.e., housing,...
Daily Market Analysis – 26th Apr 2021
Steel Industry & Its Impact on Indian Economy Overview of the sector: India was the world’s second-largest steel producer in 2019. India surpassed Japan to become the world’s second-largest steel producer in 2019 with crude steel production of 111.2 million tonnes (MT). The country is ending FY21 with a total steel consumption of around 95-97 million tonnes of steel which is...
Daily Market Analysis – 23rd Apr 2021
S&P 500 Index down 1% on 22nd April. The Dow Jones Industrial Average and NASDAQ Composite both moved backwards – Joe Biden is seeking to raise taxes on millionaire investors to fund education and another spending on welfare to recover the U.S. economy. Biden is proposing to increase the capital gains tax to 39.6% for those Americans earning more than $1 million. The...
Daily Market Analysis – 22nd Apr 2021
Auto Industry & Its Impact On Indian Economy – India became the fourth largest auto market in 2019 displacing Germany with about 3.99 million units sold in passenger & commercial vehicles categories. India is expected to displace Japan as the third-largest auto market by 2021. Our country is also a prominent auto exporter and has strong export growth expectations for the near...
Daily Market Analysis – 16th Apr 2021
Market Analysis – Indian Pharmaceutical Industry According to Global Market Estimates, the Indian API market will grow rapidly at a CAGR of 8.57% during the 2020-2026 phase. The Indian drug industry is the world’s third-biggest and as far as volume is concerned then it’s the thirteenth biggest industry. The rapidly increasing rate of persistent infections, along with the rising...
