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 […]
Sensex Rallies Over 300 Points; SBI, IndusInd Bank, ICICI Bank Top Gainers
By Administrator_ India Capital Sands The domestic stock markets have opened strong in line with the positive cues from the global front. Wall Street had closed higher over the weekend and Asian markets are looking up in early trading. At 9:17 am, the BSE Sensex was trading at 49,026.33, higher by 303 points or 0.59 […]
Sensex Sheds Over 400 Points, Nifty Slips Below 14,800
By Administrator_ India Capital Sands The domestic stock markets have opened deeply in the red, after four successive days of gains, due to profit-booking at higher levels as the daily Covid-cases inched closer to the 4 lakh mark. At 9:18 am, the BSE Sensex was trading at 49,331.35, lower by 431.55 points or 0.8 percent […]
Sensex drops 627 points, Nifty ends at 14,691; Banks, RIL drag market
By Administrator_India Capital Sands The Indian indices wavered on Wednesday as the US bond yields advanced and the dollar extended gains, triggering a flight to safety by global investors. The Sensex fell 627 points, or 1.25 percent, to end at 49,509, while the Nifty fell 154 points, or 1.04 percent, to close at 14,691. A […]
Markets extend selloff as Covid-19 surges; investors flee risky assets
By Administrator_India Capital Sands The benchmark indices fell sharply for a second session as the alarming rise in Covid cases hit investor sentiment and raised doubts over the pace of economic recovery. The Sensex ended at 48,440, with a decline of 740 points or 1.5 percent, while the Nifty closed at 14,325, a fall of […]
Market bulls charge ahead: Sensex gains 1,147 pts, Nifty surges past 15,000
By Administrator_India Capital Sands The Indian markets jumped for the third straight day on Wednesday as bond yield pressure eased and investors increased bets on a quicker economic revival, with vaccination progress and stimulus measures underpinning sentiment. Posting its biggest single-day gain since February 2, the benchmark Sensex rose 1,147 points, or 2.3 percent, to end the session at […]
Sensex rises 394 points to 49,792, Nifty at 14,645; RIL jumps 1.9%
By Administrator_ India Capital Sands The equity benchmarks galloped to fresh lifetime highs on Wednesday, in lockstep with global markets which surged ahead of US President-elect Joe Biden’s inauguration amid expectations of fresh stimulus by the incoming administration. Rallying for the second straight day, the 30-share BSE Sensex advanced by 393.83 or 0.80 per cent to close […]