By Administrator_ India Capital Sands Fuel prices across metro cities was hiked for the third consecutive day on May 6. In the national capital Delhi, petrol prices were hiked by 25 paise and diesel prices by 30 paise. People in New Delhi will now shell out Rs 90.99 per litre for petrol and Rs 81.42 per […]
By Administrator_ India Capital Sands While technology stocks continue to front Asia’s equity rally, one hot sector from 2020 has fallen to the bottom of the leaderboard: health care. Essentially flat year-to-date, a gauge of the sector is the worst-performing in Asia, lagging the region’s benchmark by nine percentage points. It is on track to […]
By Administrator_ India Capital Sands The equity benchmarks galloped to fresh lifetime highs on Wednesday, in lockstep with global markets which surged ahead of US President-elect Joe Biden’s inauguration amid expectations of fresh stimulus by the incoming administration. Rallying for the second straight day, the 30-share BSE Sensex advanced by 393.83 or 0.80 per cent to close […]
By Administrator_ India Capital Sands Indian stocks market surged 76% from the lows of March—the second-highest gainer among the world’s 10 largest stock markets—propelled by hopes of an early vaccine against covid and greater weightage in MSCI indices. Only Canadian stocks gained more—79%—while the US market, with gains of 73%, came in third. The Indian […]
By Administrator _India Capital Sands The benchmark indices logged fresh all-time highs on Tuesday after promising trial results for a Covid-19 vaccine provided further ammunition to the bulls. Joe Biden’s victory in the US Presidential elections have already turbocharged the global markets. The Sensex closed at 43,277, up 680 points, or 1.6 per cent. The index has […]
By Administrator_ India Capital Sands Equity indices ticked higher for the third straight session on Wednesday, largely in tandem with global markets as investors awaited the outcome of the tightly-contested US presidential election. Robust buying in market-heavyweight Reliance Industries and IT stocks boosted the benchmarks, even as a sharp depreciation in the rupee weighed on sentiment, traders […]
By Administrator _India Capital Sands Domestic stock markets started Thursday’s session on a lower note amid volatile trade tracking weakness across Asian markets, as investors fretted over the slow pace of US stimulus talks and an increase in the global spread of coronavirus pandemic. The S&P BSE Sensex fell 176.00 points – or 0.43 per cent […]
By Administrator_India Capital Sands The outlook for India’s reeling economy has worsened again as business activity slows and COVID-19 infections soar, and will probably prompt the Reserve Bank of India to cut interest rates again soon. The latest findings echo recent criticism of New Delhi’s $266 billion economic rescue package, which does not include […]
By Administrator_India Capital Sands Indian stocks rose on Wednesday as Bank of Baroda’s strong earnings bolstered financial stocks, with Reliance shares adding to the gains after the conglomerate said it was looking to close a partnership deal with Saudi Aramco. Investor sentiment also got a boost after Indian and Chinese military commanders agreed to step […]
By Administrator_India Capital Sands The Australian and New Zealand dollars fell against their U.S. counterpart on Monday as fears of a second wave of the coronavirus in Beijing prompted investors to sell currencies sensitive to risk. The Chinese yuan also dipped in offshore trade after Beijing recorded dozens of new cases of the novel coronavirus […]
