Free Press Journal
  • Market rout continues as US-China trade war intensifies; Re woes worsen

    Mumbai: The BSE benchmark Sensex Tuesday tumbled by about 295 points to close at an over one-month low of 37,290.67 due to hectic selling in realty, PSU, power and banking counters amid flaring up of trade tariff tensions between the US and China and weakness in the rupee. The broader Nifty also cracked below the 11,300-mark.

  • Sensex, Nifty turn choppy on global rising trade war concerns

    Mumbai: Benchmark indices turned volatile in early trade Tuesday on escalating global trade concerns after US President Donald Trump announced new tariffs on an additional USD 200 billion worth of imports from China.

  • Sensex crashes 505 points on rupee woes, global worries

    Mumbai: After rallying for two sessions, the BSE benchmark Sensex Monday tumbled over 505 points to slip below the 38,000-level as worries about global trade war and prevailing rupee crisis dampened investors mood despite the government announcing steps to stem a steep fall in the Indian currency. The broader Nifty too nosedived over 137 points to end below the 11,400-mark. Subdued Asian and European markets due to escalating trade war between the US and China

  • Sensex cracks 350 points on profit-booking, weak global cues

    Mumbai: The benchmark BSE Sensex sank over 350 points in early trade Monday after two sessions of gains as investors cashed profits in consumer durables, banking, oil & gas and PSU stocks, amid fresh weakness in the rupee and weak global cues.

  • Sensex climbs 300 pts on positive economic data, rupee recovery

    Mumbai: The BSE benchmark Sensex reclaimed the 38,000-mark by surging over 300 points in opening trade Friday on heavy buying by domestic institutional investors as the industrial production grew at 6.6 per cent in July and retail inflation cooled to a 10-month low.

  • Sensex zooms 305 points on value-buying; ends at 37,717

    Mumbai: Market benchmark Sensex Wednesday surged about 305 points to end at 37,717.96, spurred by bargain-hunting in FMCG, metal and capital goods stocks amid a recovery in the rupee.

  • Sensex, Nifty back in green, all eyes on macro data

    Mumbai: The BSE benchmark Sensex recovered by over 100 points and the NSE Nifty reclaimed the 11,300-mark in opening trade Wednesday following fresh purchases made by domestic investors ahead of key macroeconomic data to be released later in the day.

  • Sensex crashes 509 points to end at over 1-month low on global trade woes

    Mumbai: Market benchmark BSE Sensex crashed 509 points to close at more than one-month low of 37,413.13 due to heavy losses in metal, auto and financial stocks as investors fretted over heightened global trade war concerns. Besides, the rupee hit yet another new lifetime low of 72.73 against the dollar (intra-day) at the forex market, which also triggered selling in equities pace towards the close. Amid continuous foreign capital outflows, the 30-share barometer

  • Sensex, Nifty turn choppy on mixed Asian cues

    Mumbai: The BSE benchmark Sensex Tuesday rose 95 points, but soon turned choppy on weak global cues amid lingering global trade war concerns. The 30-share index opened higher by 95.32 points, or 0.25 per cent, at 38,017.49. It, however, turned choppy and was trading 8 paise, or 0.02 per cent, higher at 37,930.97 at 0930hrs.

  • Sensex, Nifty retract in early trade in line with Asian markets

    Mumbai: The BSE benchmark Sensex drifted lower by nearly 166 points and the NSE Nifty slipped below the 11,500-level in the opening session Friday due to intense selling mainly in banking, power and healthcare shares amid weak Asian cues.

  • Stocks stage relief rally on value-buying; RIL leads recovery

    Mumbai: Markets staged a strong comeback Thursday after six straight sessions of losses as investors accumulated recently hammered healthcare, energy and power stocks towards the fag-end even as the rupee breached the 72-level for the first time. The BSE Sensex rebounded 224.50 points to end at 38,242.81, while the broader Nifty gained 59.95 points to 11,536.90. Benchmarks largely benefited from value buying in  beaten-down stocks lead by RIL and Sun Pharma, tracking a rebound in

  • Sensex rebounds over 150 points in opening trade

    Mumbai: The BSE Sensex rebounded over 150 points in opening trade Thursday on value-buying in select bluechip stocks, recovery in rupee and fall in global crude oil prices, but pared some gains on mixed Asian trend. The 30-share BSE index recovered by 164.46 points, or 0.43 per cent, to 38,182.77 in opening trade. It, however, lost some steam and was trading 48.46 points, or 0.13 per cent, higher at 38,066.87 at 0940

  • Sensex drops 140 points as rupee hits new low

    Mumbai: Falling for the sixth straight session, the BSE Sensex shed about 140 points Wednesday to close at an over two-week low of 38,018.31 as investor sentiment remained bearish amid a plunging rupee and weak global cues. The rupee crashed to a fresh record low of 71.96 against the US dollar in intra-day trade on the back of rising bond yields and crisis in emerging market currencies. Market sentiment was further dampened after a

  • Rupee recovers from all-time low, up 20 paise against US dollar      

    Mumbai: The rupee recovered from its all-time low of 71.58 and strengthened by 20 paise to 71.38 against the US dollar in opening trade at the interbank foreign exchange market Wednesday on fresh foreign capital inflows. The domestic currency had lost 37 paise to end at a fresh lifetime low of 71.58 against the resurgent dollar Tuesday as persistent trade worries and macro concerns continued to proliferate.

  • Sensex falls for 5th day on rising crude prices, rupee woes

    New Delhi: The benchmark BSE Sensex Tuesday lost about 155 points to close at an over two-week low of 38,157.92, falling for the fifth session in a row following sustained foreign fund outflows, surging global crude oil prices and tumbling rupee against dollar.

  • Sensex, Nifty turn volatile on foreign fund outflow, rising oil prices

    Mumbai: In volatile trade, benchmark indices turned choppy after opening higher in early trade Tuesday on foreign fund outflows, surging global crude oil prices and weak rupee amid negative global cues. The 30-share index fell up to 122.72 points, or 0.32 per cent, to 38,189.80, after touching a high of 38,518.56 at the outset.

  • Sensex succumbs to late sell-off, ends in red for 4th straight session on rupee woes

    Mumbai: The BSE Sensex erased all its early gains to end lower by about 333 points in see-saw trade today, posting fourth straight session fall due to widespread selling in FMCG, realty, power and banks stocks amid the rupee hitting yet another record low. Weakening global cues, triggered by continuing trade war spats between the US and China, too impacted domestic market sentiment.

  • Sensex, Nifty rally on robust GDP data, rupee recovery

    Mumbai: The BSE Sensex rallied nearly 300 points in early session Monday on fresh buying in IT, teck and capital goods counters following robust GDP growth rate for the April-June quarter of fiscal and recovery in rupee.