Month: April 2021

Bharat Biotech reduces price of Covaxin for states to Rs 400 per dose

Bharat Biotech reduces price of Covaxin for states to Rs 400 per dose

April 30, 2021

By Administrator_India Capital Sands Taking cue from Serum Insistute of India, Hyderbad-based Bharat Biotech on Thursday reduced price of its coronavirus vaccine, Covaxin, for states to Rs 400 per dose from Rs 600. This follows a widespread criticism of its pricing policy as it sold Covaxin to the central government at Rs 150 per dose. “Recognising the […]

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US tells citizens to leave India as Covid-19 overwhelms hospitals

US tells citizens to leave India as Covid-19 overwhelms hospitals

April 29, 2021

By Administrator_India Capital Sands The U.S. government told its citizens to leave India as soon as possible because of the country’s escalating Covid-19 crisis. In a Level 4 travel advisory — the highest issued by the Department of State — U.S. citizens were told “not to travel to India or to leave as soon as […]

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Stocks To Watch: Tech Mahindra, HDFC Life Insurance, SBI Cards and Payment

Stocks To Watch: Tech Mahindra, HDFC Life Insurance, SBI Cards and Payment

April 27, 2021

By Administrator_India Capital Sands The stock markets are likely to open flat, post the 1 per cent rally witnessed in the previous session, going by global market cues. Trends on SGX Nifty indicate a muted start for the index in India. At 7:30 am, the Nifty futures were trading virtually unchanged at 14,485 on the […]

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Asian shares pulled higher by China, eyes on Fed, U.S. GDP

Asian shares pulled higher by China, eyes on Fed, U.S. GDP

April 26, 2021

By Administrator_India Capital Sands Asian stocks rose on Monday with Chinese shares near three-week highs as signs the world economic recovery was well on track bolstered risk appetite, while the U.S. dollar slipped to a two-month low. MSCI’s broadest index of Asia-Pacific shares outside Japan jumped 0.3% to surpass critical chart resistance of 700 points […]

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Amid startup boom, second COVID-19 wave plays spoilsport

Amid startup boom, second COVID-19 wave plays spoilsport

April 23, 2021

By Administrator_India Capital Sands Indian startups have been on an unprecedented tear, growing and raising money like never before, even prompting questions about a valuation bubble, but the second wave of the coronavirus infections now threatens to derail some of that momentum. A number of startups in Mumbai, Bengaluru, Hyderabad and Delhi have seen dozens of employees […]

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What is a Trading Platform?

What is a Trading Platform?

April 22, 2021

A trading platform is a software used for trading: opening, closing, and managing market positions through a financial intermediary such as an online broker. Online trading platforms are frequently offered by brokers either for free or at a discount rate in exchange for maintaining a funded account and/or making a specified number of trades per […]

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Asian Stocks Mixed, Investors Digest Yellen Interest Rate Comments

Asian stocks fall as virus worries return to haunt markets

April 21, 2021

By Administrator_India Capital Sands Asian shares and U.S. stock futures fell on Wednesday as concern about a resurgence of coronavirus cases in some countries cast doubt on the strength of global growth and demand for crude oil. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.6%. Australian stocks dropped 1.25% and shares in China […]

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Dollar Recovery Over, but Fed Could Spark Second Wave of Strength

Dollar Recovery Over, but Fed Could Spark Second Wave of Strength

April 20, 2021

By Administrator_India Capital Sands The dollar fell sharply against its rivals Monday as analysts declared the recovery in the greenback over, but stopped short of ruling out a “second wave” of strength on worries the Federal Reserve could raise rates sooner than expected. The U.S. dollar index, which measures the greenback against a trade-weighted basket of […]

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Rajasthan govt orders closure of offices, markets till May 3

Rajasthan govt orders closure of offices, markets till May 3

April 19, 2021

By Administrator_India Capital Sands In a bid to contain the spread of coronavirus, the Rajasthan government ordered the closure of offices and markets from Monday to May 3, according to a release. Called the Jan Anushasan Pakhwada” (public discipline fortnight), only shops and offices providing essential services will open during the 15-day period, the release […]

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Asian Stocks Mixed, Investors Digest Yellen Interest Rate Comments

Wipro surges 6%, nears record high on healthy March quarter results

April 16, 2021

By Administrator_India Capital Sands Shares of Wipro rallied 6 per cent to Rs 456 on the BSE in intra-day trade on Friday after the company reported a healthy IT services revenue growth and margins in the March quarter (Q4FY21). The stock hit its record high of Rs 467, in intra-day trade on January 13. The company’s consolidated […]

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