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 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 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 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 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 clock 2nd straight session loss on F&O expiry, rupee woes

    Mumbai: Indian equity benchmarks declined for the second straight session today as financial stocks came under pressure amid the rupee collapsing to a new record low against the US dollar and concerns over surging crude oil prices. Investors also appeared cautious in view of expiry of August futures and options (F&O) and also due to mixed cues from global markets. Investors offloaded their long bets in F&O segment instead of carrying them forward to

  • Sensex drops 173 points after scaling new high; Re hit record low

    Mumbai: Market benchmark BSE Sensex retreated from record high levels to settle down by 173 points today due to profit booking in Reliance Industries, HDFC and Infosys after recent gains. The 30-share index hit an all-time intra-day high of 38,989.65 at the outset but the market lost steam as investors prefered to book profits after three straight days of gains.

  • Benchmark indices race to fresh highs on global cues

    Mumbai: Market benchmarks closed at new peaks today on account of widespread buying in banking, power and metal stocks, tracking positive global cues as investors welcomed US Federal Reserve’s “gradual approach” to raising rates. The BSE Sensex surged over 442 points to close at its life-time high of 38,694.11 and the broader NSE Nifty ended at a fresh record of 11,691.95, rising 134.85 points. Both the benchmarks Sensex and Nifty recorded their biggest single-day gains of

  • Sensex down

    Sensex provisionally closes 38 points down  

    Mumbai: A benchmark index of Indian equities markets provisionally closed 38 points or 0.14 percent down on Wednesday. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed in the red. It was lower by 20.50 points or 0.25 percent at 8,040.20 points.

  • Sensex

    Sensex closes 363 points up, closed at 27,687.30 points

    Mumbai: The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) today closed 363.30 points, or 1.33 percent up. The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed 111.30 points or 1.35 percent up at 8,373.65 points, as per provisional figures.

  • Sensex down

    Sensex closes 118 points down 

    Mumbai: Falling for the third-straight day, the benchmark BSE Sensex today tumbled 118 points to end at 6-1/2 months low of 26,599.11 on persistent selling by foreign investors over taxation worries and delay in passage of key reform bills. Investor sentiment was also dampened after weakening of rupee to a 20-month low (intra-day) faded chances of a rate cut by the RBI at its meeting next month, brokers said.

  • India Sensex

    Sensex closes 68 points up

    Mumbai: A benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex) Thursday provisionally closed the day’s trade up 68 points or 0.23 percent.  The wider 50-scrip Nifty of the National Stock Exchange (NSE) closed the day’s trade flat, up 15.10 points or 0.17 percent at 8,937.75 points (provisionally subject to change).   The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 29,436.77 points, closed the day’s trade

  • Sensex closes 123 points up; healthcare stocks rise

    Mumbai: In volatile trade Thursday, a benchmark index of Indian equities markets closed 123 points or 0.41 percent up, as investors were cautious after the US Fed assessed a strong economic recovery in the US.