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Dollar stuck near 3-month lows, bitcoin struggles
By Administrator_ India Capital Sands The dollar was pinned near three-month lows against a basket of major currencies on Monday, as bets on a robust global economic recovery continued to support currencies seen as riskier. The dollar index hovered around the 90 marks, down 0.2% on the day and close to a three-month low of 89.646 […]
Oil edges up but set for weekly fall on Iran nuclear talks
By Administrator_ India Capital Sands Oil prices nudged up on Friday, recovering from three days of losses as investors braced for the return of Iranian crude supplies after officials said Iran and world powers made progress on talks to revive a 2015 nuclear deal. Brent crude futures for July rose 8 cents, or 0.1%, to $65.19 […]
Bitcoin slides below $40,000, ether tumbles
By Administrator_ India Capital Sands Bitcoin‘s volatile week-long slide saw it tumble to below the $40,000 mark on Wednesday as news of further restrictions on cryptocurrency transactions in China added to earlier concerns sparked by Tesla boss Elon Musk’s tweets. Bitcoin, the world’s biggest and best-known cryptocurrency, fell about 9% to as low as $38,940.04, […]
Sensex Surges Over 500 Points To Reclaim 50,000, Nifty Back Above 15,000
By Administrator_ India Capital Sands The domestic stock markets have opened strong, continuing with the momentum witnessed in the previous session, on the back of positive Asian cues and a decline in Covid cases across the country. At 9:18 am, the BSE Sensex had reclaimed the 50,000 marks and was trading at 50,150.55, higher by […]
Sensex Rallies Over 300 Points; SBI, IndusInd Bank, ICICI Bank Top Gainers
By Administrator_ India Capital Sands The domestic stock markets have opened strong in line with the positive cues from the global front. Wall Street had closed higher over the weekend and Asian markets are looking up in early trading. At 9:17 am, the BSE Sensex was trading at 49,026.33, higher by 303 points or 0.59 […]
Misinformation surges amid India’s COVID-19 calamity
By Administrator_ India Capital Sands The man in the WhatsApp video says he has seen it work himself: A few drops of lemon juice in the nose will cure COVID-19. If you practice what I am about to say with faith, you will be free of corona in five seconds, says the man, dressed in […]
Gold Up -Than-Expected U.S. Consumer Prices Increase Inflation
By Administrator_ India Capital Sands Gold was down on Thursday morning in Asia over higher-than-expected U.S. consumer prices for April, increasing concerns about higher inflation. Gold futures were down 0.34% to $1,816.65 by 11:42 PM ET (3:42 AM GMT). The benchmark U.S. 10-year Treasury yield climbed to its highest level in more than a month, after an auction of 10-year […]
India registers record 4,205 COVID-19 deaths in 24 hours, adds 3.48 lakh new cases
By Administrator_ India Capital Sands India witnessed a record 4,205 COVID-19 deaths in the last 24 hours and registered 3.48 lakh new cases, as per the Union Health Ministry’s data on Wednesday (May 12, 2021). India’s death toll has now climbed to 2.54 lakh, while the total caseload has mounted to 2.33 crore after 3,48,421 […]