By Administrator_ India Capital Sands Domestic stocks dropped on Monday following the imposition of strict restrictions in Maharashtra to contain the spread of Covid-19 infections, with investors fearing that the resurgence in virus cases could dent the economic recovery and hurt corporate earnings. The benchmark Sensex fell as much as 1,449 points, or 2.9 percent, in intra-day trade. The […]
Read MoreBy Administrator_India Capital Sands When his parents first learned that Vishal Baveja, a 27-year-old doctor of forensic medicine, had invested some of his savings in Indian equity mutual funds, they were worried about the risk. Those fears abated when they saw the income those investments produced. Then, as the coronavirus pandemic took hold last year, […]
Read MoreBy Administrator_ India Capital Sands The Sensex on Monday crossed the 52,000-mark for the first time amid huge investments by foreign portfolio investors (FPIs) in global equity markets. The 30-share index gained 609 points, or 1.2 percent, to end the session at 52,154. The Nifty50 rose 151 points, or 1 percent, to end the session at […]
Read MoreBy Administrator_ India Capital Sands Equity indices defied gravity for the fourth straight session to close at lifetime highs on Thursday, as FMCG and banking counters saw robust demand amid encouraging quarterly earnings. Participants shrugged off weak Asian cues and kept accumulating stocks ahead of the RBI’s policy decision on Friday, said traders. After touching […]
Read MoreBy Administrator_ India Capital Sands The Sensex on Wednesday closed above the 50,000 mark for the first time as the Budget-fuelled rally continued for the third straight session. The index rose 458 points, or about 1 per cent, to finish at 50,256, gaining close to 9 per cent in the last three trading sessions. Investor […]
Read MoreBy Administrator_ India Capital Sands The benchmark Sensex snapped its two-day, 1,000-point losing streak on Tuesday as investors regained their risk appetite on optimism that the US will announce more stimulus measures under the Joe Biden administration. The index ended at 49,398, with a gain of 834 points, or 1.72 per cent — the most since November […]
Read MoreBy Administration_ India Capital Sands The Sensex and Nifty raced to fresh record highs on Wednesday as gains in financials, auto, and cement counters helped benchmarks extend their winning run for the sixth straight session amid positive global cues. European equities marched higher after the UK became the first country to approve the Covid-19 vaccine […]
Read MoreBy Administration_ India Capital Sands The Indian equity benchmark indices closed at yet another record high on the first day of the year’s final week. Continuing foreign portfolio investor (FPI) flows and positive global cues on US President Donald Trump’s signing a $2.3-trillion spending Bill, including a $900 billion coronavirus relief package, helped the benchmark Sensex to […]
Read MoreBy Administrator_ India Capital Sands The benchmark indices advanced for the fifth straight day on Monday, led by gains in consumer goods and banking stocks amid optimism around the progress in Covid vaccines. Both Sensex and Nifty ended at a new all-time high for the third day. The Sensex rose 347 points, or 0.77 per […]
Read MoreBy Administrator_ India Capital Sands The benchmark Sensex and the Nifty posted a 12 per cent gain in November, but this was pale in comparison with global peers. On Monday, stocks in Asia (the Indian markets were closed) swung from gains to losses, along with US futures and European equities as investors monitored progress on the path to a coronavirus vaccine […]
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