By Administrator_India Capital Sands Oil prices held near multi-year highs on Monday, underpinned by an improved outlook for demand as increased COVID-19 vaccinations help lift travel curbs. Brent crude was up 14 cents, or 0.2%, at $72.83 by 0123 GMT. It rose 1.1% last week and hit the highest since May 2019 of $73.09 on Friday. […]
Author: Administrator_India
Dollar marooned as investors shrug off inflation spike
By Administrator_India Capital Sands After a week of anxious waiting, markets got the high U.S. inflation number they dreaded, shrugged it off and moved on – leaving the U.S. dollar under pressure and most majors stuck in ranges. Early in the Asia session the greenback nursed small losses, as traders figured there were enough one-offs […]
Sensex, Nifty Set To Open Higher; GAIL India Shares In Focus
By Administrator_India Capital Sands The Indian equity benchmarks are set to open higher as indicated by the Nifty futures traded on the Singapore Exchange. The Nifty futures on Singapore Exchange or SGX Nifty futures rose 22 points to 15,695. Meanwhile, analysts have warned of a volatile trading session for today ahead of weekly expiry of […]
World stocks near record high, U.S. bond yields near 1-month low
By Administrator_India Capital Sands World stock prices held near record highs on Wednesday, while U.S. bond yields flirted with their lowest levels in a month, as investors bet the Federal Reserve is some way off from tapering its economic stimulus. MSCI’s all-country world index last stood at 716.64, after scaling an intraday high of 718.19 […]
Dollar subdued as investors look to key U.S. inflation gauge
By Administrator_India Capital Sands The U.S. dollar was subdued on Tuesday as investors looked to U.S. inflation data due later in the week after softer-than-expected jobs data quelled expectations of an early tapering in the Federal Reserve’s stimulus. The euro fetched $1.21915, bouncing back from its three-week low of $1.2104 set on Friday while the […]
Sensex, Nifty Likely To Open Firm
By Administrator_India Capital Sands The domestic stock markets are likely to open in the green in line with positive global cues. Trends on SGX Nifty indicate a positive opening for the index in India, with a 27 points gain. At 7:30 am, the Nifty futures were trading at 15,736, higher by 27 points or 0.17 […]
Class 12 boards: CBSE sets up 13-member panel to set assessment criteria, report to be submitted in 10 days
By Administrator_India Capital Sands The Central Board of Secondary Education (CBSE) on Friday constituted a 13-member committee to work out an objective criteria for assessment of class 12 students after their board exams were cancelled in view of the pandemic. The panel will submit its report within 10 days. “In view of the uncertain conditions […]
LIC IPO: Govt to seek proposals from investment banks in June
By Administrator_India Capital Sands For the planned initial public offering (IPO) of the state-run Life Insurance Corporation of India (LIC), the central government is considering to seek proposals from investment banks in June, a report said on June 3. People familiar to the development claimed that proposals could be sought from the investment banks “this month”, adding that government […]
Petrol, Diesel Prices Today, June 3, 2021: Fuel prices unchanged for 2nd day after touching fresh record highs, check rates in metro cities
By Administrator_India Capital Sands New Delhi: Petrol and diesel rates were unchanged on Thursday as the oil marketing companies decided to keep rates on pause for the second day. Fuel prices have witnessed sporadic rise in the last few days. On Tuesday Petrol price was increased by 26 paise per litre and diesel by 23 paise a […]
Asian shares tick up U.S. data bolsters reopening hopes
By Administrator_India Capital Sands Asian shares edged up to near three-month highs on Wednesday and global equities held steady near a record as data showing higher U.S. manufacturing activity in May cheered investors looking for signs of a continued rebound in the world’s largest economy. U.S. manufacturing activity rose in May, the Institute for Supply […]