In intra-day trade on Monday, shares of Life Insurance Corporation of India (LIC) fell 4% to Rs 681.70 on the BSE, with the lock-in period for anchor investors expiring on Monday, June 13. The share price of the state-owned insurance behemoth has dropped by 28% from its IPO price ofRead More →
Reliance Industries (RIL) shares fell up to 3% to Rs 2,542.1 on the BSE in intraday trade on Monday after the Mukesh Ambani-led oil-to-chemicals (O2C) firm reported a consolidated net profit of Rs 16,203 crore for the quarter ended March 31, 2022 (Q4 FY22), up 22.5 percent from the year-agoRead More →
Bharti Airtel’s share price shed 3 percent in early trade on February 28 after shareholders approved the issue of preferential shares to Google for its Rs 7,500 crore investment and the telecom company entered into an agreement with Vodafone Plc to buy equity interest in Indus Towers. Bharti Airtel willRead More →
Gold headed for a weekly advance as US equities fell after Meta Platforms, Inc. suffered a historic share-price rout, while investors awaited a key jobs report for more clues on the US Federal Reserve’s (Fed’s) monetary policy path. The Facebook parent plunged 26 percent on Thursday on the back of woeful earnings results, erasing aboutRead More →
By Administrator_India Capital Sands Asian stocks followed Wall Street higher on Thursday after the U.S. Federal Reserve said it would end bond-buying stimulus in March to set up three interest rate increases next year to tackle heated inflation. Bond yields rose while the dollar stabilized after slumping overnight as havensRead More →
By Administrator_ India Capital Sands The BSE, the NSE, forex, money and bullion markets were closed on Friday on account of Gandhi Jayanti. The Sensex vaulted 629 points while the Nifty recaptured the 11,400-mark on Thursday as positive macroeconomic data. The 30-share BSE Sensex soared 629.12 points or 1.65 perRead More →
By Administrator_India Capital Sands Markets ended with deep cuts on Friday tracking losses in index heavyweights amid a global selloff. The BSE Sensex tanked 633.76 points or 1.63 per cent to close at at 38,357.18 while the NSE Nifty plunged 193.60 points or 1.68 per cent to close at 11,333.85.Read More →