India stocks higher at close of trade; Nifty 50 up 1.38%
By Administrator_India Capital Sands India stocks were higher after the close on Thursday, as gains in the IT, Technology and Banking sectors led shares higher. At the close in NSE, the Nifty 50 added 1.38% to hit a new 1-month high, while the BSE Sensex 30 index climbed 1.54%. The best performers of the session on the Nifty 50 were Kotak Mahindra Bank Ltd. , […]
South Korea posts biggest GDP fall since 2008 as pandemic cripples demand
By Administrator_India Capital Sands The coronavirus pandemic pushed South Korea’s economy into its biggest contraction since 2008 in the first quarter, as self-isolation measures hit consumption and global trade slumped. Finance minister Hong Nam-ki said in a policy meeting Asia’s fourth-largest economy should brace for a bigger shock from the second quarter as demand […]