Category: Stock Market News

Reliance Industries (RIL) shares

Reliance Industries loses 3% after the March quarter results; it has dropped 9% in the last six days

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-ago period’s Rs 13,227 crore, but falling short of expectations. The […]

Asian shares rise, yen falls as traders shrug off Omicron fears

Asian shares rise, yen falls as traders shrug off Omicron fears

By Administrator_India Capital Sands By Administrator_India Capital Sands Asian shares gained on Tuesday, cruising in the slipstream of another record-setting day on Wall Street amid strong retail figures, while the safe-haven yen lost ground as traders stayed in riskier currencies and asset classes like equities. A variety of asset classes from oil to Japan’s Nikkei Stock Average are now trading at around […]

RBL Bank shares slump today. What brokerages say on the stock?

RBL Bank shares slump today. What brokerages say on the stock?

Asian stock markets were generally weaker  in holiday-thinned trading on Monday, as uncertainty over the economic impact of the Omicron coronavirus variant weighed on investor sentiment. U.S. airlines have cancelled or delayed thousands of flights over the past three days due to COVID-19-related staff shortages, while several cruise ships had to cancel stops after outbreaks on-board. In Asia, China reported […]

NSE bans members from selling digital gold after Sebi flags concerns

By Administrator_India Capital Sands National Stock Exchange has directed its members, including stockbrokers, to discontinue the sale of digital gold on their platforms by September 10. The direction came after capital markets regulator Sebi said that certain members are providing a platform to their clients for buying and selling digital gold. Securities and Exchange Board of India (Sebi), through a letter dated August 3, informed the […]

Asian shares rise, yen falls as traders shrug off Omicron fears

Sensex, Nifty Edge Higher Led By Gains In IT, Metal Shares

By Administrator_ India Capital Sands The Indian equity benchmarks opened higher on Tuesday led by gains in Infosys, HDFC Bank, Tata Consultancy Services, Tata Steel, Larsen & Toubro, and Tech Mahindra. The Sensex rose as much as 261 points to hit an intraday high of 55,816.70 and the Nifty 50 index touched an intraday high of 16,585. Meanwhile, Asian stocks […]

Asian Stocks Mixed, Investors Await Further Inflation Clues

By Administrator_ India Capital Sands Asia Pacific stocks were mixed Tuesday morning, but moves remained small. Investors continue to await further clues on the inflation outlook as the global economic recovery from COVID-19 continues. Japan’s Nikkei 225 edged up 0.16% by 10:32 PM ET (2:32 AM GMT). The country released its GDP earlier in the day, which contracted 1% quarter on quarter for the first quarter […]

Toshiba to buy back 6% of shares

By Administrator_India Capital Sands Toshiba Corp said on Monday it will buy back up to 6% of its outstanding shares worth around 100 billion yen, in line with its plans to boost shareholder returns. The Japanese industrial conglomerate will also allocate about 50 billion yen to pay a special dividend as “some shareholders, mainly retail shareholders, prefer dividends”, it said […]

Tesla to buy more than $1 billion of Australian battery

Tesla to buy more than $1 billion of Australian battery

By Administrator_ India Capital Sands Tesla said it expects to spend more than $1 billion a year on battery raw materials from Australia given the country’s reliable mining industry and responsible production practices. Robyn Denholm, chair of the U.S. carmaker, said on Wednesday that Australia, which is rich in minerals used for batteries like lithium and nickel, is poised to […]

Asia shares try to extend rally ahead of U.S. jobs test

By Administrator_ India Capital Sands Asian shares were trying to extend their recent rally to a third week on Monday in the hope U.S. jobs figures show the expected revival in hiring in May and keep the global recovery on track. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.3%, having rallied 2.2% last week. Japan’s Nikkei fell 0.7%, while Australia […]

Asia shares left listless by mixed China data

By Administrator_ India Capital Sands Asian share markets turned mixed on Monday as data on Chinese retail sales missed expectations though industrial output stayed solid, while more evidence of global inflation pressures helped gold to a three-month peak. Chinese retail sales rose 17.7% in April a year ago, short of forecasts for a jump of 24.8%, while industrial output matched […]