Free Press Journal
  • Sensex Gains

    Sensex rises 162 pts in early trade on capital inflows

    Mumbai: The benchmark BSE Sensex gained over 162 points to trade above 28,000-mark in early trade today on sustained foreign capital inflows amidst a firming trend at other Asian markets. The 30-share index, which had lost 189.04 points in the previous session, recovered 162.46 points, or 0.58 per cent, at 28,040.73 with IT, metal and capital goods sector stocks leading the recovery. On similar lines, the National Stock Exchange index Nifty reclaimed the 8,500-mark by rising 34.95 points, or 0.41 per cent, at

  • Sensex

    Stock Market Prediction – Nifty likely to reclaim 8500 mark

    CTRL Z function (Ctrl+Z: undo the object deletion) was into play in yesterday’s trade at Dalal Street. We say so because Nifty just undid most of its Friday’s gains. Yes, the benchmark Nifty and also the Indian Rupee witnessed fresh blows in yesterday’s trade, which briefly had found more secure footing on Friday after the yuan devaluation dust had settled. Perhaps, a steady yuan sharpened focus on the

  • Sensex down

    Sensex drops below 28k, down 328 pts on sliding exports

    Mumbai: The benchmark BSE Sensex tanked over 328 points to slip below the 28,000-level in early trade today as participants indulged in offloading positions amid exports contracted for the eighth straight month by 10.3 per cent in July to USD 23.13 billion. Besides, profit-booking by participants after recent gains and mixed trend at other Asian bourses, dampened sentiments. The 30-share barometer slipped below the 28,000-mark by plunging 328.18 points or 1.16 per cent to 27,739.13 in early trade today.

  • Sensex

    Stock Market Predictions – Nifty likely to consolidate

    It was nice to see the Indian benchmark Nifty rolling with the punches in Friday’s trade, up 1.9%. The up-move is admirable because China is in turmoil, earning growth is not to be seen, the strong U.S. dollar/INR is hurting benefits of falling Crude-oil prices and as a rate hike from Federal Reserve looms.

  • Sensex Recovers

    Sensex retakes 28,000, Nifty above 8,500 as WPI falls

    Mumbai: The benchmark BSE Sensex reclaimed the 28,000-mark and the NSE Nifty was trading above 8,500 level at noon today on across-the-board gains after WPI inflation fell for July, raising hopes of a rate cut by the RBI amid a pause in rupee’s fall.

  • Sensex - Nifty high

    Indian equities trade higher on global cues

    Mumbai: Tracking Singapore’s SGX Nifty, Indian equities opened on a positive note on Friday, taking note of a host of factors, such as a slowing down in the fall of Chinese yuan, and the twin cheer back home on low inflation and accelerating industrial growth. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which had closed on Wednesday at 27,549.53 points, opened at 27,668.06 and saw a high and a

  • Sensex

    Follow the rules and play it safe at Dalal Street

    A relief rally was on works at Dalal Street in yesterday’s trade. Yes, Dalal Street staged a relief rally in yesterday’s trade as market participants were seen calming down after yuan’s recent, unexpected moves. Also helping sentiments were the positive macro cues (July CPI slumping to 3.8%; June IIP surging to 3.8%). Agreed that the positive inflation number gives rise to hopes that the Reserve Bank of India will cut rates when it meets in September,

  • Sensex down

    BSE closes points 61.74 down on Aug. 7

    New Delhi: Trading at the Bombay Stock Exchange today closed 61.74 points down to stand at 28,236.39. At the National Stock Exchange, the Nifty closed 24.05 points down to stand at 8,564.60. MRPL and ATUL were among the top gainers of group A with an increase of 9.49 percent and 8.47 percent, along with HINDUSTAN PETROLEUM CORPORATION LTD. and NEYVELI LIGNITE CORPORATION LTD. with an increase of 6.95 percent and 5.59 percent respectively.

  • Sensex down

    Sensex down 100 points while Nifty nears 8,560

    Mumbai : The 30-share Sensex of the Bombay Stock Exchange (Sensex) registered a drop of about 100 points by Friday afternoon due to losses recorded by BHEL, Coal India, SBI and Cipla. Reports said that the 50-share National Stiock Exchange (Nifty) index was nearing 8550 points. BHEL’s announcement of less than satisfactory quarter one results was cited as one of the main factors for the shares-related drop at the BSE. BHEL said in a statement

  • Sensex up

    Sensex reclaims 28,000; Up 312.29 points

    Mumbai: The BSE benchmark Sensex was up 312.29 points at 28,017.64 and the broader Nifty touched 8,504.80, up 0.99 %, in late morning deals on across the board buying led by sectors like metal, realty, healthCare, auto, among others.

  • Sensex

    Positive macro data, big ticket policies buoy equity markets

    Mumbai: The government’s big ticket flagship programme announcements coupled with a slew of positive macro economic data and factoring-in of the Greek loan default buoyed the Indian equity markets in the week that just concluded. The barometer index of the Indian equities market, the 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE) gained 281 points or 1.01 percent during the weekly trade ended July 3.

  • Sensex

    Sensex jumps 161 pts on positive macro data; Nifty above 8,000

    Mumbai: Rising for the second straight day, the benchmark BSE Sensex today jumped 161 points to 26,586.55 as auto and healthcare shares surged on strong factory output data and steady inflation, while value-buying in beaten-down stocks too added to the upside. Besides, IMD saying that the rainfall was 5 per cent more than the normal limit until now also boosted the sentiment.

  • BSE Logo

    Sensex dives further, down over 76 pts

    Mumbai: Continuing its losing streak for the sixth straight session, the benchmark BSE Sensex fell another 76 points in early trade today on sustained selling by funds and retail investors coupled with weakening global markets. The 30-share index was trading down 76.59 points, or 0.28 per cent, at 26,446.50, with stocks of realty, healthcare, consumer durables, FMCG, metal, power and oil & gas leading the fall. The gauge had lost 1,325.90 points in the previous five straight sessions.

  • upward_graph

    Nifty snaps 4-day losing streak, up 115 pts

    Mumbai: The CNX Nifty snapped its last 4-day losing streak, recovering 115 points to close at 8,433.65 on renewed buying from operators on expectation of rate cut by Reserve Bank Of India (RBI) in its meeting next week. Shares of CNX Consumption, Auto, Pharma, Banking, IT and FMCG sectors shot up on good buying enquiries.

  • policy rate cut

    Rate cut hopes cheer markets; interest sensitive stocks up

    Mumbai: Hopes of a policy rate cut by the apex bank early next month cheered the markets during trading session on Friday with a benchmark index of the Indian equities markets gaining more than 320 points or 1.17 percent. The 30-scrip BSE Sensitive Index (Sensex) ended the day with gains of more than 320 points or 1.17 percent as interest-sensitive stocks like automobile, banks and capital goods rose on rate-cut hopes.

  • Sensex falls 215 pts to 4-mth low

    Mumbai :  The benchmark BSE Sensex slipped by 215 points to end at 27,011.31, its second-lowest level of the year, while Nifty ended below the 8,200-mark on heavy selling in FMCG, auto sectors over worries of corporate earnings growth and persistent foreign fund outflows.

  • Sensex shed 1,400 pts in five sessions

    Mumbai :  Pushed by the retrospective taxation concerns, muted earnings and weakening rupee continued to drive markets further into consolidation with the benchmark BSE Sensex falling over 210 points to 27,676.04 and NSE Nifty slipping below the crucial 8,400-mark on Tuesday.