Free Press Journal
  • Sensex tanks 537 points, Nifty crashes below 11,000 as banks, auto stocks melt

    Mumbai: Market benchmark BSE Sensex tanked nearly 537 points to end at over two-month low of 36,305.02 and the Nifty crashed below the 11,000-mark Monday, extending their slide for the fifth straight session after heavy losses in banking and auto stocks. Reports of liquidity concerns following the default in repayment of loans by diversified IL&FS group spooked investors even as losses in global markets on reports that China had called off planned trade

  • Sensex ends in red after 1,000 point flash crash

    Mumbai: The BSE Sensex tumbled about 280 points to close below the 37,000-mark Friday after investors were jolted by an over 1,000-point plunge in afternoon trade. The 30-share benchmark, which opened on a strong footing, suddenly tanked 1,127.58 points, or 3.03 per cent, to hit a low of 35,993.64 at 1309 hours, before staging an equally sharp recovery.

  • Sensex ends with losses, fails to keep early lead

    Mumbai: Benchmark Sensex extended losses for the third straight session Wednesday, falling 169 points to end at a near two-month low of 37,121.22 as cautious investors pared their portfolios, ignoring positive global cues and recovery in rupee. Stocks saw a positive start as the Sensex touched a high of 37,530.63 intra-day in tune with the rupee recovering from its record low.

  • 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 tumbles 468 pts as Re hits a lifetime low of 72.67

    Mumbai: Market benchmark BSE Sensex tanked 468 points or 1.22 per cent to end below the 38,000 mark as the rupee falling further to a record low and widening current account deficit spooked investors. The 30-share index closed at 37,922.17, down by 467.65 points or 1.22 per cent, which was its biggest single-day fall since March 16 when it had lost 509.54 points.

  • Sensex builds on gains for 2nd day as Re recovers; auto leads rally

    Mumbai: Markets remained in better form for the second straight session Friday, with the Sensex closing over 147 points higher as auto shares zoomed on sustained buying by domestic institutional investors amid the rupee staging a recovery.

  • 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 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

  • 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 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

    Sensex tanks 275 pts in early trade on global rout

    Mumbai: Market benchmark Sensex slumped by over 275 points and the NSE Nifty again broke below the 7,400 mark in early trade due to sustained capital outflows amid global sell-off on renewed concerns over slowing growth after oil prices again cracked USD 30 a barrel.

  • Market Crash

    Sensex crashes below 25,000-level in pre-close

    Mumbai: The China nightmare and lingering worries over monsoon tormented markets today when the benchmark BSE Sensex closed below the 25,000-mark for the first time in 15 months, losing 308 points in a day. At 24,893.81, this is the lowest closing in 15 months for the Sensex, which has lost almost all the gains since the relief rally from May 26, 2014, when Narendra Modi was sworn in as the Prime Minister.

  • Sensex down

    Nifty falls 128 points, ends below 8,700-level

    Mumbai: The benchmark Nifty index closed lowest in a month, lossing 128.25 points, reversing all its overnight gains amid across the board selling pressure reacting to uncertainty over Apex bank further rate cut following rise in CPI inflation. The retail inflation (CPI) rose to 5.37 per cent in February on higher prices of food items.