Free Press Journal
  • Sensex, Nifty turn choppy on weak global cues                 

    Mumbai: The BSE Sensex turned negative after opening 76 points higher in early session today amid weak global cues on rising concerns of a global trade war. The 30-share index was trading lower by 84.09 points, or 0.24 per cent, at 35,538.05. The gauge had gained 22.32 points in the previous session.

  • Sensex falls 126 points following US Federal Reserve’s rate hike

    Mumbai: Equities slipped back into the red today after a three-day winning run as investors turned cautious following US Federal Reserve’s rate hike. The BSE 30-share Sensex fell by 126.09, or 0.35 per cent to quote at 35,613.07 in early trade, with IT, PSU, oil and gas, teck, banking and realty indices trading in the negative zone.

  • Sensex ends the day on 209 points up, Nifty above 10,800

    Mumbai: The BSE Sensex surged 209 points to close at an over four-month high of 35,692.524 today, taking positive leads from the global markets as investors largely welcomed a historic summit between the US and North Korea. The broader NSE Nifty too closed above the key 10,800-mark.

  • Sensex ends 284.20 points higher; Nifty at 10,768.35

    Mumbai: The BSE Sensex soared over 284 points today to end at 35,463.08 as the post-RBI policy rally continued for the second day on heavy buying in reality, metal, banking, auto and infrastructure stocks. Short-covering by speculators and sustained buying by domestic institutional investors (DIIs) also added to the momentum, brokers said.

  • Sensex soars 416 pts on F&O expiry; GDP data eyed

    Mumbai: The BSE Sensex rebounded by over 416 points today to end at a two-week high of 35,322.38 on a flurry of buying in banking, energy and IT stocks amid a firming trend overseas. Covering-up of pending short positions on expiry of the May derivatives contracts and optimistic buying by participants ahead of GDP data added to the momentum, brokers said.

  • Sensex above 35k as crude slips, rupee recovers

    Mumbai: Stock market continued its winning run for a third straight session, with the BSE Sensex soaring about 241 points to close above the 35,000-mark as sentiments improved after a sharp correction in global crude prices and a continuous recovery in the rupee. Also, the broader NSE Nifty gained some 84 points after breaching the psychological 10,700-level.

  • NTPC Q4 net profit jumps 41% to Rs 2,926 crore

    New Delhi: State-run power major NTPC today posted a 40.69 per cent jump in its standalone net profit at Rs 2,925.59 crore for the March 2018 quarter, mainly on the back of higher revenues. The company’s standalone net profit was Rs 2,079.40 crore in the corresponding quarter a year ago, NTPC said in a BSE filing.

  • BSE Sensex

    Sensex builds on gains, up 187 points in early trade  

    Mumbai: The BSE Sensex rose over 187 points in early trade today, extending yesterday’s rally on robust buying in IT, energy and banking stocks amid unabated purchases by domestic institutional investors. Asian shares were mixed after US President Donald Trump cancelled a planned meeting with North Korean leader Kim Jong Un.

  • Tata Motors stocks crack over 8% after Q4 results

    New Delhi: Shares of Tata Motors today tumbled over 8 percent after the company reported 49.82 percent decline in consolidated net profit for the March quarter. The stock opened the day on a weak note and further slumped 7.93 per cent to Rs 284.70 — its 52-week low — on BSE.

  • SBI posts Q4 loss of Rs 7,718 cr, gross NPAs up 

    Mumbai: Reflecting the continued pressure on state-run banks, State Bank of India (SBI) on Tuesday posted a loss of Rs 7,718 crore for the fourth quarter ended March, the bank said in a stock exchange filing.

  • Sensex opens in green on value-buying, up 83 points  

    Mumbai: The BSE Sensex rebounded over 83 points in opening trade today, breaking its five-session losing streak on value-buying in select blue-chips amid a strengthening rupee. Overseas, most Asian shares were trading higher, tracking strong closing in the US market overnight as investors applauded easing of trade tensions between the US and China, traders said.

  • INDIA-ECONOMY-POLITICS

    Sensex extends losses on foreign fund outflows, rising oil prices

    Mumbai: The BSE Sensex drifted lower by another 125 points in early trade today amid unabated foreign fund outflows and surging global crude oil prices. The rupee depreciating against the US dollar also affected momentum.

  • Sensex falls 156 points amid political uncertainty over Karnataka

    Mumbai: The BSE Sensex logged a fall of 156 points to end at 35,387.88 today amid uncertainty over government formation in Karnataka and no let-up in selling by foreign investors. Moreover, there was a weak trend at other Asian markets, tracking overnight losses at the Wall Street amid rising geopolitical tensions in the Korean peninsula after North Korea called off talks with South Korea.

  • Sensex opens higher despite weak macro data   

    Mumbai: The benchmark BSE Sensex rose over 53 points in early trade today despite disappointing macroeconomic data. The 30-share barometer, which had gained 289.52 points in the previous session, was trading higher by 53.21 points, or 0.14 per cent, at 35,589, with realty, oil and gas, healthcare, PSU, banking and capital goods stocks leading the gains.

  • Sensex soars 128 points in early trade on firm global cues   

    Mumbai: The BSE Sensex rallied over 128 points to 35,447.43 in early session today, maintaining its positive form for the fourth straight day on positive cues from global markets. Unabated buying by domestic institutional investors fuelled the uptrend, brokers said. The 30-share Sensex, which gained 403.97 points in the previous three sessions, added 128.08 points, or 0.36 per cent, at 35,447.43.

  • CBI names BSE chief in IDBI fraud case

    New Delhi : The CBI on Friday searched the residences of six former and current officials of IDBI Bank in connection with an alleged Rs 600 crore loan fraud case in which Bombay Stock Exchange (BSE) chairman S Ravi and the heads of two public sector banks have also been booked, officials said here.

  • AI should only be run by an Indian firm: Bhagwat

    Mumbai : As India is pushing to privatise the debt-laden national carrier, Rashtriya Swayamsevak Sangh chief Mohan Bhagwat said on Monday that Air India should only be run by an Indian company.