By Administrator_ India Capital Sands Equity benchmark Sensex advanced 111 points on Monday, tracking gains in HDFC twins, SBI and L&T amid mixed cues from global markets. The 30-share BSE index climbed 111.42 points or 0.22 percent to finish at 50,651.90. The broader NSE Nifty rose 22.40 points or 0.15Continue Reading
By Administrator_India Capital Sands Asian stocks were on track for their first monthly loss since last October though markets were up on Wednesday and the U.S. dollar stood tall as investors focused on growing signs of a sure-footed global economic recovery. MSCI’s broadest index of Asia-Pacific shares outside of JapanContinue Reading
By Administrator_India Capital Sands Domestic stock indices nursed losses for the third consecutive session on Thursday as a lacklustre trend in global equities and concerns over stretched valuations sparked a retreat from risky assets. Banking and finance stocks bore the brunt of heavy selling, with HDFC twins being the topContinue Reading
By Administrator_India Capital Sands Equity indices buckled under selling pressure for the second straight session on Wednesday as risk appetite remained subdued amid a bearish trend overseas. Profit-booking was seen in finance, IT and FMCG counters, while a depreciating rupee also weighed on investor sentiment, traders said. The 30-share BSEContinue Reading
By Administrator_India Capital Sands Global stocks are in the midst of the longest run of gains since 2003 as optimism over the economic recovery sweeps across markets. This even as the Indian equity benchmarks — Sensex and Nifty — ended marginally lower on Tuesday as investors booked profits at higher levels amidContinue Reading
By Administrator_India Capital Sands Nifty has reversed sharply post the Budget. But see Gann levels that worked so extremely well in providing support and resistance to prices. See the below chart that shows the classic price action area along with an Expanding pattern. The low created just before the BudgetContinue Reading
By Administrator_India Capital Sands Just over a week after the benchmark BSE Sensex touched the historic 50,000-mark on January 20, as many as 416 or over 80 per cent of stocks in the BSE500 universe have declined an average 5.4 per cent and a tenth have declined over 10 perContinue Reading
By Administrator_India Capital Sands The BSE Sensex, a gauge of the performance of India’s leading 30 stocks, hit the 50,000 milestone for the first time on Thursday, a remarkable feat considering the country’s gross domestic product (GDP) is set to post its biggest-ever contraction this financial year due to theContinue Reading
By Administrator_India Capital Sands The three-day initial public offering (IPO) of Indigo Paints will open for public subscription on Wednesday, January 20, and will close on January 22. The price band has been fixed at Rs 1,488-1,490 per share for the initial share sale. At the upper end of the price band,Continue Reading
By Administrator_India Capital Sands The benchmark Sensex fell 470.4 points on Monday, extending its two-day slide to 1,020 points, or 2.1 per cent. Concerns over the pace of economic recovery amid a strong second wave of infections globally is prompting investors to scale back bullish bets, say experts. Also, risingContinue Reading