Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold futures rose 0.1% to $1,650.80 an ounce. Both instruments jumped from a […]
Oil fell on Monday as an unexpected contraction in China’s service sector fueled fears of slowing demand, although an OPEC supply cut and the prospect of more disruptions in Russia kept prices pinned near a one-month high London-traded Brent oil futures fell 0.7% to $97.73 a barrel, while U.S. West Texas Intermediate crude futures fell […]
By Administrator_India Capital Sands Global stocks are in the midst of the longest run of gains since 2003 as optimism over the economic recovery sweeps across markets. This even as the Indian equity benchmarks — Sensex and Nifty — ended marginally lower on Tuesday as investors booked profits at higher levels amid a mixed trend in global markets. […]
By Administrator_India Capital Sands Just over a week after the benchmark BSE Sensex touched the historic 50,000-mark on January 20, as many as 416 or over 80 per cent of stocks in the BSE500 universe have declined an average 5.4 per cent and a tenth have declined over 10 per cent in just five trading […]
By Administrator_India Capital Sands The BSE Sensex, a gauge of the performance of India’s leading 30 stocks, hit the 50,000 milestone for the first time on Thursday, a remarkable feat considering the country’s gross domestic product (GDP) is set to post its biggest-ever contraction this financial year due to the impact of the Covid-19 pandemic. […]
By Administrator_India Capital Sands HCL Technologies on Friday posted a 34.8 per cent year-on-year (YoY) jump in its consolidated net profit to Rs 3,969 crore for the December 2020 quarter (FY2021) from Rs 2,944 crore posted in the same period last year. While sequentially, the figure rose 26.2 per cent. Meanwhile, the revenue for the quarter […]
By Administrator_India Capital Sands Nifty futures on Singapore Exchange traded 79 points higher at 14,289, around 8.30 am, on Friday, indicating a strong start for the benchmark indices back home. TCS: The IT major is slated to announce its December quarter results today. TCS is likely to post a robust performance for Q3FY21 on the back of strong […]
By Administrator_India Capital Sands The benchmark indices rebounded on Tuesday, a day after posting the biggest fall in seven months amid concerns about a new strain of coronavirus detected in the UK. Both indices managed to recover close to a third of their losses on Monday. The indices were seesawing between gains and losses for […]
