Month: June 2021

Sensex, Nifty soar to fresh lifetime highs; power, IT stocks spurt

Nifty Seen Opening Above 15,800; IRCTC, Reliance Industries In Focus

June 30, 2021

By Administrator_India Capital Sands The Indian equity benchmarks are set to open higher as indicated by Nifty futures traded on Singapore Exchange amid positive cues from other Asian markets. Nifty futures on Singapore Exchange also known as SGX Nifty futures rose 41 points to 15,828 indicating that Nifty would open above its important psychological level […]

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Stocks to Watch: Axis Bank, Adani, Wipro, McLeod, Vedanta, Railtel, V-Guard

S&P Global cuts India’s growth forecast to 9.5% from 11%, trims EM overall

June 29, 2021

By Administrator_India Capital Sands S&P Global cut its growth forecasts for some of Asia’s top economies including India, the Philippines and Malaysia on Monday, offsetting upgrades to China and South Africa and much of Latin America. The estimates, which feed into S&P’s closely-followed sovereign ratings, saw India’s growth projection chopped to 9.5% from 11% due […]

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Twitter appoints California-based Jeremy Kessel as India Grievance Officer

Twitter appoints California-based Jeremy Kessel as India Grievance Officer

June 28, 2021

By Administrator_India Capital Sands Twitter on Sunday appointed California-based Jeremy Kessel as the new Grievance Officer for India, as required under the new Information Technology Rules, 2021, hours after Dharmendra Chatur quit from the post, Bar and Bench reported. His appointment, however, is not seen to be in line with new IT rules guidelines, which mandate […]

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Sensex, Nifty soar to fresh lifetime highs; power, IT stocks spurt

Panasonic sells Tesla stake for $3.6 billion

June 25, 2021

By Administrator_India Capital Sands Panasonic Corp sold its stake in electric car maker Tesla Inc for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company said on Friday. The sale comes as the bicycles to hair dryers conglomerate is seeking to reduce its dependence on Tesla and raise […]

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Petrol, diesel prices today: Fuel price rise continues unabated; petrol climbs to Rs 107.54 in Mumbai

Petrol, Diesel Prices Today, June 24, 2021: Petrol nearing Rs 98 per litre in Delhi, check rates in your city

June 24, 2021

By Administrator_India Capital Sands New Delhi: After a day’s pause, fuel prices were again hiked on Thursday, pushing rates to fresh all time record highs, according to a price notification of state-owned fuel retailers. On Thursday, in Delhi, petrol and diesel prices were increased by 26 paise and 7 paise, respectively. With the latest revision […]

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China's Troop Deployment Along Border Remains A Worry: Foreign Minister

China’s Troop Deployment Along Border Remains A Worry: Foreign Minister

June 23, 2021

By Administrator_India Capital Sands China’s military deployment along its disputed Himalayan border with India and uncertainty over whether Beijing will fulfill its promise on troop reductions remains a challenge for relations between the two neighbors,  Foreign minister Subrahmanyam Jaishankar said. “The issue there is whether China would live up to the commitments it has made […]

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Stocks bounce from 4-week lows, dollar pulls back

Stocks bounce from 4-week lows, dollar pulls back

June 22, 2021

By Administrator_India Capital Sands Global shares extended their recovery on Tuesday, with Asian markets bouncing from four-weeks lows as investor focus on economic growth partly offset worries about any near-term rise in U.S. interest rates. The early momentum in the region was supported by a rally on Wall Street, with the Dow registering its strongest […]

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Times Square Celebrates International Yoga Day With Over 3,000 Attendees

Times Square Celebrates International Yoga Day With Over 3,000 Attendees

June 21, 2021

By Administrator_India Capital Sands New York: The seventh International Yoga Day was celebrated at the iconic Times Square in New York on Sunday. The day-long yoga festival with the theme of “Solstice in Times Square 2021” was attended by more than 3,000 people where yogis, with their yoga mats and flexible bodies, filled Times Square to mark […]

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Sovereign bonds in India signal growing doubts on RBI's easy policy stance

Sovereign bonds in India signal growing doubts on RBI’s easy policy stance

June 18, 2021

By Administrator_India Capital Sands A spike in inflation reading this week has revived debate among sovereign bond traders in India over how long the central bank could retain its dovish policy stance. The yield on India’s benchmark 10-year bonds surged to its highest since April, while the borrowing cost on Treasury bills rose to the […]

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Stocks to Watch: Axis Bank, Adani, Wipro, McLeod, Vedanta, Railtel, V-Guard

Sensex Drops 300 Points, Nifty Below 15,700 On Weak Global Cues

June 17, 2021

By Administrator_India Capital Sands The Indian equity benchmarks staged a gap down opening on the back of weak global cues after US Federal Reserve stunned investors by signalling it might raise interest rates at a much faster pace than assumed, sending bond yields and the dollar sharply higher. The Sensex fell as much as 402 […]

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