Sensex Rises Over 200 Points, Nifty Above 17,450 Led By IT Shares

By Administrator_India Capital Sands The Indian equity benchmarks edged higher on Tuesday, defying the weak trend in global markets, paced by gains in information technology and FMCG heavyweights like Tata Consultancy Services (TCS), Infosys, HCL Technologies, Hindustan Unilever, ITC and Tech Mahindra. The Sensex rose as much as 288 points and Nifty 50 index moved above its important psychological level of 17,450. Global stock markets on Tuesday were caught in the grip of contagion fears…

"Sensex Rises Over 200 Points, Nifty Above 17,450 Led By IT Shares"

Oil slips on China’s plan to release crude from reserves, airline demand woes

By Administrator_India Capital Sands Oil prices dipped on Friday, heading for weekly losses of nearly 2%, after China announced it would release oil from it strategic reserve and some US airlines, key to a recovery in jet fuel demand, warned of a slowdown in ticket sales here. US West Texas Intermediate (WTI) crude futures fell 8 cents, or 0.1%, to $68.06 a barrel at 0133 GMT, after dropping 1.7% on Thursday. Brent crude futures fell…

"Oil slips on China’s plan to release crude from reserves, airline demand woes"

Markets fall for third day on the trot amid delta variant worries

By Administrator_India Capital Sands The benchmark indices fell for the third day in a row, as rising coronavirus infections created fresh worries about business disruption and derailing economic recovery. Inflation concerns also kept investors on tenterhooks. Many countries, especially in Asia, have been forced to impose stricter lockdown measures as they are grappling with curbing the Delta variant of Covid-19. The benchmark Sensex shed 355 points to end the session at 52,198, a fall of 0.7 per…

"Markets fall for third day on the trot amid delta variant worries"