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‘Nifty tests 15,700’ Sensex rises over 150 points in early trade
By Administrator_ India Capital Sands Equity benchmark Sensex jumped over 150 points in early trade on Thursday, tracking gains in index-heavyweights Reliance Industries, Infosys, and HDFC Bank amid a positive trend in global equities. The 30-share BSE index was trading 160.07 points or 0.31 percent higher at 52,101.71 in initial deals. Similarly, the broader NSE […]
Sebi Bans New Franklin Templeton Debt Funds For Two Years
By Administrator_ India Capital Sands The market regulator on Monday barred Franklin Templeton Mutual Fund from launching any new debt schemes for two years after a probe into its sudden closure of six credit funds last year found “serious lapses and violations”. The decision by the Securities and Exchange Board of India (SEBI) is a […]
Delhi Metro resumes operations, commuters asked to follow Covid protocols
By Administrator_ India Capital Sands The Delhi Metro resumed operations from Monday morning as the guidelines for the second phase of Covid-19 unlock came into effect. As per the Delhi government’s order the metros will run with 50 percent seating capacity. Commuters will not be allowed to travel standing, the DMRC said in its guidelines. […]
Centre Signs Deal To Get 2nd Made-In-India Vaccine, 30 Crore Doses Booked
By Administrator_ India Capital Sands Aiming at a stiff vaccination target, the government has booked 30 crore doses of Hyderabad-based Biological-E’s Covid vaccine, which is still in clinical trials. The Health Ministry will make an advance payment of ₹ 1,500 crores to the company for what will be the second made-in-India vaccine to be used […]
Delhi University Admission Process Likely To Begin In July
By Administrator_ India Capital Sands The University of Delhi is likely to commence the admission process to various undergraduate (UG) courses for the academic session 2021-22 in July, Rajeev Gupta, Chairman DU Admission said. In view of the coronavirus crisis, the entire admission process will be online and the candidates will be given sufficient time […]
Dollar near 2-month high vs yen, Chinese yuan scales 3-year high
By Administrator_ India Capital Sands The dollar held near a two-month high against the yen on Monday after a key measure of U.S. inflation showed stronger price gains than expected, keeping alive expectations of an eventual tapering in the Federal Reserve’s asset buying. The Chinese yuan, which has been supported by a strong economic recovery, […]
Rising stock markets amid GDP contraction
By Administrator_ India Capital Sands The central bank, in its annual report, has issued caution over the meteoric rise in stock prices at a time when the country’s GDP has contracted. India’s benchmark indices have more than doubled from the post-pandemic lows made in March 2020. Several individual companies have seen a multi-fold jump in […]
Sensex, Nifty Edge Lower; Banking, Financials Witness Selling Pressure
By Administrator_ India Capital Sands The Indian equity benchmarks edged lower on Thursday taking cues from other Asian markets ahead of the monthly expiry of May futures and options contracts due later in the day. The Sensex slipped as much as 51 points and the Nifty 50 index dipped below its important psychological level of […]