Free Press Journal
  • 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 recovers 900 points after plummeting 1,100 points; Nifty reclaims 11,100

    Mumbai: The BSE Sensex recovered nearly 900 points after plummeting over 1,100 points within a matter of minutes in afternoon session on major selloff in finance stocks, despite firm global cues and rupee recovery. The 30-share index had plunged 1127.58 points, or 3.03 per cent, to hit an intra-day low of 35,993.64. It, however recovered nearly 900 points within minutes of the fall.

  • Rupee at two-week high, gains 53 paise in early trade   

    Mumbai: Continuing its uptrend, the rupee firmed by another 53 paise to trade at over a two-week high of 71.84 against the US dollar in early trade Friday at the Interbank Foreign Exchange on increased selling of the American currency by exporters and banks.

  • 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.

  • Sensex recovers by 142 points in opening trade, Nifty above 11,300

    Mumbai: The BSE Sensex rebounded over 100 points in opening trade Wednesday on value-buying in recently battered stocks amid strength in the rupee and positive global cues. The 30-share BSE index recovered by 142.26 points, or 0.38 per cent, to 37,432.93 in opening trade. The index had lost almost 800 points in the previous two sessions as rupee woes and trade war worries spooked investors. The NSE Nifty was up 50.55 points, or

  • 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

  • Rupee continues its free fall hits record low of 72.73, drops 28 paise against US dollar

    Mumbai: Continuing its slide, the rupee Tuesday hit yet another record low of 72.73 against the US dollar, falling 28 paise in late afternoon trade on strengthening American currency as crude oil prices went past the USD 78 a barrel mark. Besides, unabated foreign fund outflows, sharp plunge in domestic equities with the benchmark Sensex crashing by over 500 points, too, weighed on the domestic unit, dealers said.

  • 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 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.

  • 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.