In early trade on Monday, the rupee rose by 12 paise to 77.93 versus the US dollar, owing to lower crude oil prices. However, currency dealers claimed that unrelenting foreign money outflows, a lackluster trend in local stocks, and a strong US dollar overseas limited the gain. The rupee began strongly at 77.98 versus the […]
Global stocks were caught in the crosshairs of Russia-Ukraine tensions on Monday, with India’s benchmark indices falling more than 3 per cent as the threat of an imminent war prompted investors to flee risky assets. Brent crude prices rose past $96 a barrel, the highest level in more than seven years, stoking concerns that they will […]
By Administrator_ India Capital Sands India’s benchmark indices notched new highs on Thursday after investor sentiment got a boost from the US Federal Reserve’s dovish commentary. The Sensex ended the session at 59,885 with a gain of 958 points, or 1.6 percent. In intra-day trade, the index hit 59,957, just 43 points shy of the psychological 60,000 […]
By Administrator_ India Capital Sands The benchmark indices hit fresh record highs on Thursday, led by gains in ITC, Reliance Industries, and banking stocks. The Sensex closed at 59,141 with a gain of 418 points, or 0.7 percent, moving from 58,000 to 59,000 in just eight trading sessions. On the other hand, the Nifty 50 index ended at 17,630, […]
By Administrator_ India Capital Sands The Indian markets hit fresh record highs on Wednesday amid rally a tally in telecom and public sector undertaking stocks, with benchmark Sensex’s notching up its 41st record close for the year. The benchmark Sensex rose 476 points, or 0.8 percent, to end the session at 58,723. The Nifty, on the other hand, rose 139 points […]
By Administrator_ India Capital Sands Equity benchmark Sensex plunged nearly 600 points in early trade on Monday, tracking losses in index-heavyweights ICICI Bank, SBI and L&T amid a steep correction in global equities. The 30-share BSE index was trading 596.78 points or 1.14 percent lower at 51,747.67 in initial deals. Similarly, the broader NSE Nifty […]
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 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 Nifty has reversed sharply post the Budget. But see Gann levels that worked so extremely well in providing support and resistance to prices. See the below chart that shows the classic price action area along with an Expanding pattern. The low created just before the Budget day was near to the […]
