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Markets end flat after scaling new peaks; TCS rises over 1%
By Administrator_ India Capital Sands The Sensex closed modestly lower while the Nifty inched up to a fresh closing high on Wednesday as bulls took a breather amid a subdued trend overseas. Banking and finance stocks succumbed to profit-booking after the sharp-up move in the past few sessions, while IT and FMCG counters bucked the trend. After […]
Gold Down, but Remains Above $1,800 Mark Over Fed Taper Delay Expectations
By Administrator_ India Capital Sands Gold was down on Tuesday morning in Asia but remained above the $1,800 level. Hopes are also growing that the U.S. Federal Reserve could delay its planned asset tapering thanks to the continuing spread of COVID-19. Gold futures edged down 0.17% to $1,803.25 by 12:12 AM ET (4:12 AM GMT) after rising […]
Oil prices rebound from 7-day losing streak as investors snap up bargains
By Administrator_ India Capital Sands Oil prices reversed out of a seven-day losing stretch on Monday as investors punted on crude at bargain levels, though lingering fears over how a surge in global covid-19 cases might affect fuel demand combined with a firmer U.S. dollar to limit gains. Brent crude futures climbed 60 cents, or […]
Pfizer and Astra vaccines less effective after 90 days, says study
By Administrator_ India Capital Sands A British public health study has found that protection from either of the two most commonly used Covid-19 vaccines against the now prevalent Delta variant of the coronavirus weakens within three months. It also found that those who get infected after receiving two shots of either the Pfizer-BioNTech or the AstraZeneca vaccine […]
Sensex touches 56,000 but ends in the red; bank stocks tumble
By Administrator_ India Capital Sands The BSE Sensex scaled the 56,000-mark for the first time on Wednesday but finished in the red following a late sell-off as investors pocketed gains in banking, finance, and IT stocks. Snapping its four-session record-setting spree, the 30-share benchmark closed 162.78 points or 0.29 percent lower at 55,629.49. It touched its all-time […]
Oil falls as Delta surge clouds fuel demand outlook
By Administrator_India Capital Sands Oil prices fell more than 1% on Monday, dropping for a third session, as government-imposed restrictions on mobility to counter the spread of the Delta variant raised worries about a recovery in fuel demand. Brent crude was down 80 cents, or 1.1%, at $69.79 a barrel by 0046 GMT, after edging […]
Olympic Gold medalist Neeraj Chopra rises to number 2 in world rankings
By Administrator_India Capital Sands Indian javelin thrower Neeraj Chopra has gained 14 places to become world number two in the latest world rankings after his sensational show in the Tokyo Olympics. Neeraj Chopra created history on August 7 as he became the first from the country to win a gold in track and field in the Olympics. He […]
South Korea exceeds 2,000 daily cases for 1st time
By Administrator_India Capital Sands South Korea’s daily increase in coronavirus infections has exceeded 2,000 for the first time since the start of the pandemic, continuing an alarming spread despite the enforcement of strict virus restrictions in large population centers. Health Minister Kwon Deok-Cheol on Wednesday pleaded for people to stay home during the holiday break […]