Markets end flat after scaling new peaks; TCS rises over 1%
By Administrator_ India Capital Sands The Sensex closed modestly lower while the Nifty inched up to a fresh closing high on Wednesday as bulls took a breather amid a subdued trend overseas. Banking and finance stocks succumbed to profit-booking after the sharp-up move in the past few sessions, while IT and FMCG counters bucked the trend. After […]
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 rebounds after 3-day slide; dovish Fed calms world markets
By Administrator_India Capital Sands Equity indices found firmer ground on Thursday after three sessions of losses, buoyed by metal and IT counters, in tandem with a positive trend overseas after the US Federal Reserve reiterated its dovish policy stance. A strengthening rupee and short-covering in select heavyweights added to the momentum, traders said. The 30-share BSE Sensex climbed 209.36 […]
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 […]