By Administrator_ India Capital Sands The dollar edged higher in early European trade Thursday, amid cautious trading with traders looking towards key U.S. inflation data and an ECB meeting for clues of future direction. EUR/USD traded 0.1% lower at 1.2167, falling back from the one-week high of 1.2218 seen during the previous session, USD/JPY dropped 0.1% at 109.55, GBP/USD fell […]
By Administrator_ India Capital Sands India’s Covid chart continued to improve today with the country recording 1.06 lakh cases, a drop of 12% from yesterday’s 1.14 lakh infections that were reported to be the lowest in two months. The country’s caseload now stands at 2.89 crore The AIIMS in Delhi will conduct clinical trials of […]
By Administrator_ India Capital Sands The Indian equity benchmarks staged a gap-up opening in trade on Thursday led by gains in Reliance Industries, Infosys, HDFC Bank, Kotak Mahindra Bank, ICICI Bank, and HDFC. The Sensex rose as much as 391 points and the Nifty 50 index surged to an all-time high of 15,678.55. Declining cases […]
By Administrator_ India Capital Sands Oil rose on Wednesday, supported by an OPEC+ decision to stick to its plan to restore supply to the market gradually and by the slow pace of nuclear talks between Iran and the United States. Brent rose 48 cents, or 0.7%, to $70.73 a barrel at 0856 GMT. U.S. West […]
By Administrator_ India Capital Sands The United Arab Emirates extended the suspension of passenger flights from India till June 30 to combat the spread of the coronavirus pandemic. The ban was initially imposed on April 25, after a surge in COVID-19 cases in India. In a statement posted on its website on Sunday, Emirates, the […]
By Administrator_ India Capital Sands Gold was flat in the Indian market on May 27 following a muted trend in international spot prices, which were below their four-and-a-half-month high hurt by an uptick in the US dollar and bond yields. On the Multi-Commodity Exchange (MCX), June gold contracts were trading higher by 0.02 percent at Rs […]
By Administrator_ India Capital Sands Markets are expected to be largely volatile on Wednesday, while trends in SGX Nifty suggest a weak opening of Indian benchmark indices. On Tuesday, the BSE Sensex closed at 50,637.53, down 14.37 points or 0.03%. The Nifty was at 15,208.45, up 10.75 points or 0.07%. Asian stocks were largely steady Wednesday […]
By Administrator_ India Capital Sands The benchmark indices have surrendered most of their early-morning gains and turned flat, amid bouts of choppiness. At 1:40 pm, the BSE Sensex had surrendered almost 300 points from intra-day high of 50,961.35 and was trading at 50,682.35, up 32.62 points and the NSE Nifty was at 15,221.25, up 23.25 […]
By Administrator_ India Capital Sands Equity benchmark Sensex advanced 111 points on Monday, tracking gains in HDFC twins, SBI and L&T amid mixed cues from global markets. The 30-share BSE index climbed 111.42 points or 0.22 percent to finish at 50,651.90. The broader NSE Nifty rose 22.40 points or 0.15 percent to 15,197.70. SBI was […]
By Administrator_ India Capital Sands The Reserve Bank of India has decided to transfer a surplus of Rs 99,122 crore to the central government, it said. The decision was taken at the 589th meeting of the Central Board of Directors of RBI on May 21, 2021. Last year, RBI transferred only 44 percent of its […]
