Free Press Journal
  • 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.

  • 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.

  • 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, Nifty turn choppy on F&O expiry, weak rupee

    Mumbai: Benchmark indices Sensex and Nifty gave up initial gains and turned negative after investors turned cautious ahead of August futures and options expiry today amid mixed cues from other Asian markets.

  • 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.

  • Sensex turns choppy after hitting record high

    Mumbai: In volatile trade, the benchmark BSE Sensex hit a new life-time high of 38,989.65, extending its record-setting spree for a third session on buying by domestic investors amid short-covering ahead of August futures and options (F&O) expiry and mixed Asian cues.

  • Sensex, Nifty hit new highs on strong global cues

    Mumbai: Benchmark indices continued their record-setting trend for the second straight session with the BSE Sensex soaring 182 points to an all-time high of 38,875.86 on heavy buying by foreign funds and domestic institutional investors, tracking strong global markets.

  • 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, Nifty hit fresh records on positive global cues

    Mumbai: The BSE Sensex rallied over 300 points to hit a fresh record high of 38,585.44, while NSE Nifty touched life-time record of 11,651 in early session today amid positive global cues and smart gains in banking, metal and FMCG stocks.

  • Sensex slips from record, falls 85 pts; logs 5th weekly gains

    Mumbai: Benchmark Sensex shed about 85 points to close at 38,251.80 today after three straight record-setting sessions on emergence of profit-booking amid caution in global markets. However, both the key indices Sensex and Nifty finished with gains for the fifth straight week. Investors were also cautious after the rupee depreciated further against the US dollar to quote at 70.24 (intra-day). Sentiment took a hit largely in sync with a weak trend in global markets amid escalating