BY Administrator_India Capital Sands Oil prices slipped on Tuesday amid concerns over mounting supply after leading producers delayed talks on 2021 output policy that could extend production cuts as the coronavirus pandemic continues to sap fuel demand. Opening trading for December Brent crude was down 20 cents, or 0.4% at $47.68 a barrel by 0136 […]
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Verizon, Amazon may invest over $4 billion in Vodafone Idea: Report
By Administrator_India Capital Sands U.S. wireless carrier Verizon Communications Inc and Amazon.com Inc may invest more than $4 billion for a stake in India’s Vodafone Idea Ltd, the Mint newspaper reported on Thursday, sending shares in the struggling Indian telecom firm up 10%. Vodafone Idea’s stake-sale talks had been paused pending the outcome of a court hearing […]
Markets open in green, Nifty tops 11,600
By Administrator_India Capital Sands Markets opened in green on Friday amidst positive global cues. The BSE Sensex rose 256.16 points or 0.65 percent to 39,369.63 in early trade while the NSE Nifty jumped 71.25 points or 0.62 percent to 11,630.50. Major gainers in the Sensex pack were Axis Bank, IndusInd Bank, ICICI Bank, LT, Sun […]
Sensex, Nifty jump as U.S. Fed’s debt buying offers liquidity hopes
By Administrator_India Capital Sands Indian shares rose on Tuesday, joining a global rally, after the U.S. Federal Reserve’s corporate bond buying programme boosted hopes of liquidity in domestic markets and outweighed concerns about another round of lockdowns in the face of rising COVID-19 cases. The Nifty rose 2.16% to 10,021.55 by 0346 GMT, while the […]
Sensex, Nifty slip as U.S.-China tensions weigh; all eyes on RBI
By Administrator_India Capital Sands Indian shares tracked world markets lower on Friday, led by metals and mining stocks, as new U.S.-China tensions raised doubts about a trade deal between the world’s two largest economies. In India, investors will focus on a press briefing by the governor of the Reserve Bank of India scheduled for 1000 […]
Europe Edges Higher; Positive Earnings Help
By Administrator_India Capital Sands European stock markets edged higher Monday, helped by some positive earnings news amid talk of additional recovery funds for the region. At 3:35 AM ET (0735 GMT), the U.K.’s FTSE index traded 0.2% higher, France’s CAC 40 was up 0.1%, while the DAX rose 0.4%. The broader based Stoxx 600 Europe index climbed 0.2%. The Spanish government plans to […]