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.
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.
Congress using hijab issue to pacify minority anger, alleges Karnataka LoP R Ashoka
Bengaluru: Leader of Opposition in the Assembly R. Ashoka has accused the Congress government of using the hijab issue to placate what he described as discontent among minority voters after the Davanagere by-election.
In a post on X on Wednesday, Ashoka alleged that the state government, instead of addressing issues such as price rise, corruption, farmers’ distress and law and order, was attempting to retain its minority vote base by reviving the hijab issue.
Referring to the 2022 dress code introduced by the BJP government, which prohibited hijab in schools and colleges, Ashoka said the Karnataka High Court had upheld the policy and emphasised the importance of discipline in educational institutions.
He questioned the Congress government’s move to revisit the issue and asked whether setting aside the court-backed policy to benefit one community could be described as secularism.
Ashoka further alleged that while the government was willing to permit hijab, it continued to prohibit saffron shawls.
He accused the government of dividing students on religious lines rather than treating schools and colleges as spaces of equality.
Drawing a comparison with Mamata Banerjee’s government in West Bengal, Ashoka claimed that excessive appeasement politics had harmed the state and warned that the Congress in Karnataka could face a similar political response.
He said voters in Karnataka would teach the Congress a lesson for what he termed “vote-bank politics” and for compromising constitutional and judicial principles.
