Easing crude prices lift Indian equity indices
Mumbai, May 28: The key Indian equity indices traded in the positive territory on Monday afternoon due to the fall in global crude oil prices.
According to market analysts, heavy buying was observed in the capital goods, oil and gas and banking stocks.
However, heavy selling pressure on the IT, Teck (technology, entertainment and media) and consumer durables stocks limited the gains on the indices.
At 12.29 p.m., the wider 50-scrip Nifty of the National Stock Exchange (NSE) traded at 10,687.55 points -- up 82.40 points or 0.78 per cent -- from the previous close of 10,605.15 points.
Similarly, the 30-scrip Sensitive Index (Sensex) of the BSE, which had opened at 35,074.32 points, traded at 35,178.33 points (at 12.31 p.m.), higher by 253.46 points or 0.73 per cent from the previous close at 34,924.87 points.
The Sensex has so far touched a high of 35,174.43 points and a low of 35,006.50 points in the trade so far. The BSE market breadth was bullish with 1,728 advances so far against 731 declines.
The major gainers on the BSE were Sun Pharma, Coal India, Larsen and Toubro, Asian Paints and Maruti Suzuki while Tata Consultancy Services (TCS), Infosys, Bharti Airtel, Mahindra and Mahindra and Adani Ports were the major losers.
On the NSE, the top gainers were Sun Pharma, Hindustan Petroleum and BPCL. The major losers were Tech Mahindra, HCL Technologies and TCS.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
8 children between ages of 1 and 14 dead after mass shooting in Louisiana, police say
Shreveport(US) (AP): A gunman in Louisiana killed eight children in shootings at two different homes early Sunday in the nation's deadliest mass shooting in more than two years, police in Shreveport said.
The victims ranged in age from one to about 14 years old, said Shreveport police spokesperson Chris Bordelon. A total of 10 were shot and some of the children were related to the suspect, Bordelon said.
The gunman later died after a chase with officers who fired at the suspect, Bordelon said. The suspect stole a car while leaving the scene of the shootings and was followed by police, according to Bordelon.
Police did not release the name of the suspect but did say he was an adult male. The shootings were the result of a “domestic disturbance,” Bordelon said.
Officials said they were still gathering details at the crime scenes south of downtown Shreveport — the two homes and a third location.
“This is an extensive scene unlike anything most of us have ever seen,” he said.
It was the deadliest mass shooting in the US since eight people were killed in a Chicago suburb in January 2024, according to a database maintained by The Associated Press and USA Today in partnership with Northeastern University.
At a news conference outside the residence where one of the shootings occurred, officials appeared stunned, requesting patience and prayers from the community as they sorted through multiple crime scenes.
“I just don't know what to say, my heart is just taken aback,” Shreveport Police Chief Wayne Smith said. “I cannot begin to imagine how such an event could occur.”
“This is a tragic situation — maybe the worst tragic situation we've ever had,” said Tom Arceneaux, mayor of the city in northwestern Louisiana with about 180,000 residents. “It's a terrible morning.”
Louisiana State Police say their detectives have been asked by Shreveport police to investigate. In a statement, state police say no officers were harmed in the shooting that involved an officer after a police pursuit into Bossier City on Sunday morning.
State police are asking anyone with pictures, video or information to share it with state police detectives.
Louisiana Gov Jeff Landry said in a statement that he and his wife were heartbroken. “We're deeply grateful to the law enforcement officers and first responders working tirelessly on the scene,” he added.
