Oil prices jumped on Monday as geopolitical tensions in Eastern Europe and the Middle East heightened concerns about an already tight supply outlook, while OPEC and its allies continued to struggle to raise their output. Brent crude futures rose 87 cents, or 1.0 percent, to $88.76 a barrel by 0100 GMT, reversing a 0.6 percent […]
By Administrator_India Capital Sands The rupee closed at 76.09 a dollar, up from its previous close of 76.23 a dollar The Indian rupee gained on Thursday after the US Federal Reserve (US Fed) kept its policy rates unchanged while tightening the pace of normalisation. Bond yields also remained steady as the US Fed policy fuelled risk appetite in the emerging […]
By Administrator_ India Capital Sands India’s benchmark indices on Thursday posted their biggest single-day drop in about six months as concerns over inflation, valuations, and policy normalization by the RBI triggered risk-off bets. The sentiment was further dented by Morgan Stanley’s downgrading of Indian equities, becoming the latest foreign brokerage to sound a note of […]
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 […]
By Administrator_ India Capital Sands Adani group stocks remained under pressure for the second consecutive day after Parliament was told that the Securities and Exchange Board of India and Directorate of Revenue Intelligence were investigating some of the group companies. On July 19, the Minister of State for Finance Pankaj Chaudhary told Parliament that SEBI was […]
By Administrator_ India Capital Sands The Indian equity moved lower on Friday on the back of weak global cues after Asian shares tumbled to two-month lows on Friday and were set for their worst weekly performance since February as confidence took a beating over the global spread of the Delta virus variant and worries it […]
By Administrtor_ India Capital Sands The Indian equity benchmarks snapped their two-day losing streak on Friday led by gains in Reliance Industries, ICICI Bank, Infosys, HDFC, and State Bank of India. For the most part of the day, benchmarks traded in a rangebound manner. However, late buying in banking and financial services shares helped benchmarks […]
By Administrator_ India Capital Sands Equity benchmark Sensex and Nifty opened on a positive note on Friday amid a positive trend in global markets and sustained foreign fund inflow. The 30-share BSE index was trading 65.90 points or 0.13 percent higher at 52,764.90 in initial deals. Similarly, the broader NSE Nifty advanced 32 points or […]
By Administrator_ India Capital Sands Gold prices showed a meager jump on Wednesday, as on MCX, the yellow metal August futures traded at Rs 48,460 per 10 grams. On the other hand, silver showed a decent jump as its July futures were at ₹ 71,475 per kg, showing a jump of ₹ 227 over the […]
By Administrator_ India Capital Sands The domestic stock markets have hit record highs on Friday morning, extending the rally witnessed in the previous session, on the back of strength in metal shares. At 9:18 am, the BSE Sensex was trading at 52,534.15, higher by 235.15 points or 0.45 percent and the NSE Nifty was at […]
