Sensex touches 56,000 but ends in the red; bank stocks tumble
By Administrator_ India Capital Sands The BSE Sensex scaled the 56,000-mark for the first time on Wednesday but finished in the red following a late sell-off as investors pocketed gains in banking, finance, and IT stocks. Snapping its four-session record-setting spree, the 30-share benchmark closed 162.78 points or 0.29 percent lower at 55,629.49. It touched its all-time […]
Sensex, Nifty Decline Led By Losses In Banking, Financial Services Shares
By Administrator_ India Capital Sands The Indian equity moved lower on Friday on the back of weak global cues after Asian shares tumbled to two-month lows on Friday and were set for their worst weekly performance since February as confidence took a beating over the global spread of the Delta virus variant and worries it […]
Sensex Snaps Two-Day Losing Streak, Nifty Reclaims 15,700
By Administrtor_ India Capital Sands The Indian equity benchmarks snapped their two-day losing streak on Friday led by gains in Reliance Industries, ICICI Bank, Infosys, HDFC, and State Bank of India. For the most part of the day, benchmarks traded in a rangebound manner. However, late buying in banking and financial services shares helped benchmarks […]
Sensex, Nifty open on positive note amid positive global cues
By Administrator_ India Capital Sands Equity benchmark Sensex and Nifty opened on a positive note on Friday amid a positive trend in global markets and sustained foreign fund inflow. The 30-share BSE index was trading 65.90 points or 0.13 percent higher at 52,764.90 in initial deals. Similarly, the broader NSE Nifty advanced 32 points or […]
Sensex Gains Over 250 Points, Nifty Tops 15,800
By Administrator_ India Capital Sands The domestic stock markets have hit record highs on Friday morning, extending the rally witnessed in the previous session, on the back of strength in metal shares. At 9:18 am, the BSE Sensex was trading at 52,534.15, higher by 235.15 points or 0.45 percent and the NSE Nifty was at […]
‘Nifty tests 15,700’ Sensex rises over 150 points in early trade
By Administrator_ India Capital Sands Equity benchmark Sensex jumped over 150 points in early trade on Thursday, tracking gains in index-heavyweights Reliance Industries, Infosys, and HDFC Bank amid a positive trend in global equities. The 30-share BSE index was trading 160.07 points or 0.31 percent higher at 52,101.71 in initial deals. Similarly, the broader NSE […]
Rising stock markets amid GDP contraction
By Administrator_ India Capital Sands The central bank, in its annual report, has issued caution over the meteoric rise in stock prices at a time when the country’s GDP has contracted. India’s benchmark indices have more than doubled from the post-pandemic lows made in March 2020. Several individual companies have seen a multi-fold jump in […]
Sensex, Nifty Edge Lower; Banking, Financials Witness Selling Pressure
By Administrator_ India Capital Sands The Indian equity benchmarks edged lower on Thursday taking cues from other Asian markets ahead of the monthly expiry of May futures and options contracts due later in the day. The Sensex slipped as much as 51 points and the Nifty 50 index dipped below its important psychological level of […]
Sensex jumps over 250 points in early trade; Nifty above 15,250
By Administrator_ India Capital Sands Equity benchmark Sensex surged over 250 points in opening trade on Tuesday, tracking gains in index heavyweights Infosys, Asian Paints, and HDFC amid a positive trend in global markets. The 30-share BSE index was trading 265.07 points or 0.52 percent higher at 50,916.97, and the broader NSE Nifty surged 86 […]
Sensex Surges Over 500 Points To Reclaim 50,000, Nifty Back Above 15,000
By Administrator_ India Capital Sands The domestic stock markets have opened strong, continuing with the momentum witnessed in the previous session, on the back of positive Asian cues and a decline in Covid cases across the country. At 9:18 am, the BSE Sensex had reclaimed the 50,000 marks and was trading at 50,150.55, higher by […]