In Wednesday’s session on the BSE, shares of Adani Wilmar (AWL) and Ruchi Soya Industries fell 5% as investors booked profits on these stocks, a day after the government freed imports of 2 million tonnes of soybean and sunflower oil from customs tax and Agri cess. The effective tariff on crude palm oil, crude soybean, […]
Tag: Stocks
Gokaldas Exports rises 9% to an all-time high, indicating a positive business outlook
On the back of a positive business outlook, Gokdaldas Exports’ stock hit an all-time high of Rs 505.65 on the BSE in intra-day trade on Wednesday. The company’s stock, which is in the textiles and apparel business, has surpassed its previous high of Rs 488, which it reached on May 5, 2022. It has outpaced […]
Bank, NBFC shares rally as RBI surprises with a dovish monetary policy
Shares of banks and non-bank lenders went on the fast lane after the Reserve Bank of India’s Monetary Policy Committee retained the key rates unchanged and maintained its accommodative stance on February 10, contrary to expectations of some economists. The central bank’s projection of a decline in inflation in the second half of the next […]
Sensex, Nifty Set To Open On Flat Note On Subdued Global Cues
By Administrator_India Capital Sands The Indian equity benchmarks are set to open on a flat note as indicated by the Nifty futures traded on the Singapore Exchange amid subdued global cues. The Nifty futures on Singapore Exchange also known as SGX Nifty futures declined 14 points to 15,840. Asian shares were subdued on Wednesday with […]
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 […]
Asian shares spooked by U.S. inflation alarm, yield jump
By Administrator_India Capital Sands Asian shares faced a third day of losses on Thursday after a shocking rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve might have to move early on tightening. “Higher inflation is a definite negative for equities, given the likely rates response,” said […]
Sensex, Nifty rise on overnight Wall Street gains, pharma stocks shine
By Administrator_India Capital Sands Indian shares ticked higher on Thursday as investors took cues from overnight Wall Street gains, soothing nerves about surging domestic coronavirus cases that crossed the 1.2 million mark. The NSE Nifty 50 index rose 0.31% to 11,167.25 by 0404 GMT and the S&P BSE Sensex gained 0.16% to 37,929.81, led by […]
Sensex, Nifty rise for fifth session, auto stocks shine
By Administrator_India Capital Sands Indian shares inched higher for a fifth straight session on Tuesday, helped by gains in auto and finance stocks, even as COVID-19 cases soared in the world’s second-most populous country. The NSE Nifty 50 index rose 0.18% to 10,782.7 by 0356 GMT, while the benchmark S&P BSE Sensex was up 0.28% […]