November 24, 2020

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Sensex, Nifty march higher on Covid-19 vaccine progress news; ONGC rises 6%

Sensex, Nifty march higher on Covid-19 vaccine progress news; ONGC rises 6%

By Administrator _India Capital Sands Equity benchmarks made a winning start to the week on Monday as positive results from another Covid-19 vaccine candidate bolstered investor confidence globally. After touching a record intra-day high of 44,271.15, Sensex ended 194.90 points or 0.44 per cent higher at 44,077.15. Similarly, the broader Nifty rose 67.40 points or 0.52 per cent to close at 12,926.45. ONGC was the top performer on the Sensex chart, surging 6.84 per cent, followed by IndusInd Bank, Infosys, ...
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Want to Start a Forex Brokerage?

Here is a scholarly research article to give you information that may help you make that decision. Some of the questions are: What is the best location to form a corporation to operate a new Forex business? Where should I get the license? We should say up front that we assist clients in obtaining licenses, including Forex licenses. We have formed literally tens of thousands of corporations worldwide for our clients and have been in business since 1906. So, once ...
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Sensex falls 580 points on weak global cues, Nifty ends at 12772

By Administrator _India Capital Sands The markets received a reality check on Thursday after the unprecedented run-up this month. A sell-off in global markets amid renewed fears of lockdowns to curb the rise in Covid-19 cases dampened investor sentiment and triggered profit taking. The benchmark Sensex closed at 43,600, down 580 points or 1.31 per cent, the sharpest fall since October 26. The Nifty50 index fell 167 points, or 1.3 per cent, to end at 12,772. The Bank Nifty index fell 2.9 per cent ...
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Pfizer ends vaccine trial with 95% success rate, to apply for approval soon

By Administrator_ India Capital Sands Final results from Pfizer's Covid-19 vaccine trial showed its shot had a 95 per cent success rate and two months of safety data, paving the way for the drugmaker to apply for an emergency US authorisation within days, it said on Wednesday. Pfizer said it expected the US FDA vaccine advisory committee to review and discuss the data in a public meeting that will likely be held in December. The efficacy rate of the vaccine, developed by Pfizer and ...
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Women interested in online trading market (FX & CFD’s) Why started growing?

Ritu started investing in online trading market during lockdown. Ritu  is very busy these days. A 31-year-old woman working in the field of public relations, she has renewed interest in the online trading market, for which she continues to work. Another interesting trend is that young people are coming forward in online trading. Capital Sands Company says that among investors aged 20 to 30, there has been a 69 percent increase, compared to 50-55 percent before the corona virus. On ...
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Number of Indian students in the US fell to 3-year low in FY20

By Administrator _India Capital Sands With frequent changes in visa norms and the anti-immigration mood during the Donald Trump regime, the number of Indians studying in the US fell to a three-year low at 193,124. According to the latest Open Doors Report on International Educational Exchange (IIE), the number of Indian students studying in American universities and colleges fell 4.4 per cent in 2019-20 (FY20) year-on-year (YoY), against 5.3 per cent growth in 2017-18 (FY18) at 196,271 and 2.92 per ...
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Domestic indices rise on positive global cues, foreign fund inflows

Domestic indices rise on positive global cues, foreign fund inflows

By Administrator_ India Capital Sands The Sensex defied gravity for the eighth straight session to finish at yet another record high on Wednesday, as positive global cues and robust foreign fund inflows fuelled risk-on sentiment. The government approving a Rs 2-trillion production-linked incentive package for various sectors, also buoyed investors, traders said. After touching its all-time peak of 43,708.47 during a see-saw session, the Sensex settled 316.02 points, or 0.73 per cent higher, at 43,593.67. Similarly, the Nifty vaulted 118.05 ...
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Oil Continues Rise on Vaccine, Stockpile News

By Administrator _India Capital Sands Oil was up on Wednesday morning in Asia, with gains of over 11% in the last two days. Prices have been buoyed by positive COVID-19 vaccine news and encouraging U.S. stockpile data. Brent oil futures rose 0.92% to $44.01 by 11:45 PM ET (3:45 AM GMT) and WTI futures jumped 1.06% to $41.80. Oil has continued its recent rapid rise, with Brent and WTI futures both above the $40 mark. The gains come on the back of positive ...
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Brazil suspends Sinovac COVID-19 vaccine trial due to adverse event

By Administrator_ India Capital Sands Brazil's health regulator has suspended a clinical trial for China's Sinovac coronavirus vaccine citing a severe adverse event, surprising the trial organisers who countered there had been a death but it was unrelated to the vaccine. The health regulator, Anvisa, said on Monday the event took place on Oct. 29 but did not specify if the incident took place in Brazil or in another country. It also did not give an indication of how long ...
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Biden admin likely to provide US citizenship to over 500,000 Indians

Biden admin likely to provide US citizenship to over 500,000 Indians

By Administrator _ India Capital Sands US President-elect Joe Biden will work towards providing a roadmap to American citizenship for nearly 11 million undocumented immigrants, including over 500,000 from India, and will also establish a minimum admission number of 95,000 refugees annually. As a largely immigrant community, but in some cases with American roots reaching back generations, Indian-Americans know firsthand the strength and resilience that immigrants bring to the United States of America, according to a policy document issued by the Biden campaign. The ...
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