Equity indices rise on firm global cues; banking, auto stocks lead
Mumbai, July 10 : The key Indian equity indices traded in the green on Tuesday afternoon supported the broadly positive global markets.
According to market observers, healthy buying activity was witnessed in the banking, auto and metal indices.
At 12.15 p.m., the broader Nifty50 of the National Stock Exchange (NSE) traded at 10,928.25 points -- higher by 75.35 points or 0.69 per cent -- from its previous close of 10,852.90 points
The barometer 30-scrip Sensitive Index (Sensex), which had opened at 36,068.27 points, traded at 36,187.83 points (12.15 p.m.) - up by 253.11 points or 0.70 per cent -- from its previous session's close of 35,934.72 points.
The Sensex has so far touched a high of 36,195.46 points and a low of 36,019.63 points during the intra-day trade. The BSE market breadth was bullish with 1,577 advances and 741 declines.
The top gainers on the Sensex were Bajaj Auto, Reliance Industries, Tata Steel, Axis Bank and Adani Ports whereas Kotak Mahindra Bank, Sun Pharma, Larsen and Toubro (L&T), Hindustan Unilever and Mahindra nad Mahindra (M&M)were the losers.
On the NSE, Hindalco Industries, Bajaj Auto and Tata Steel were the highest gainers while Kotak Mahindra Bank, Hindustan Petroleum and Gail lost the most.
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BJP stages protest against Karnataka govt over Waqf properties row
Bengaluru (PTI): The opposition BJP on Friday intensified its protests against the Congress government in Karnataka over the Waqf land issue, holding agitations in different parts of the state.
On Thursday, the party held protests in Kalaburagi, Ballari, Haveri, Shivamogga, Udupi, and other places alleging encroachments by the Waqf board in the state.
In Bengaluru, the protest was led by Leader of Opposition in the Legislative Assembly R Ashoka on Friday.
He was joined by party MLC C T Ravi, Member of Parliament P C Mohan among several other leaders.
The demonstrations were held under the slogan ‘Namma Bhoomi Namma Hakku' (Our land, Our Right).
There were allegations by a section of farmers from Vijayapura district that their lands were marked as Waqf properties. Similar charges had surfaced from a few other places subsequently, and also by some organisations and religious institutions like Mutts.
With the row escalating, Chief Minister Siddaramaiah had recently directed officials that all notices issued to farmers be immediately revoked, and any unauthorised amendments in land records without due notice must also be nullified.
