Mumbai, April 19: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher.
The Sensitive Index (Sensex) of the BSE, which had closed at 34,331.68 points on Wednesday, opened higher at 34,403.67 points.
Minutes into trading, it was quoting at 34,446.68 points, up by 115 points, or 0.33 per cent.
At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 10,526.20 points on Wednesday, was quoting at 10,564.15 points, up by 37.95 points or 0.36 per cent.
Profit booking, along with heavy selling pressure in the banking sector stock led the key Indian equity indices to break their nine-day gaining streak on Wednesday.
According to market observers, the key equity indices, however, had traded in the green for the better part of the session on the back of positive global cues and forecast of normal monsoon rains.
The Sensex was down by 63.38 points or 0.18 per cent at the Wednesday's closing. In the day's trade, the barometer 30-scrip sensitive index had touched a high of 34,591.81 points and a low of 34,270.04 points. The Nifty too, was down by 22.50 points or 0.21 per cent.
On Thursday, Asian indices were showing a positive trend. Japan's Nikkei 225 was quoting in green, up by 0.51 per cent while Hang Seng up by 1.33 per cent, South Korea's Kospi was up by 0.34 per cent. China's Shanghai Composite index was trading in green, up by 0.78 per cent.
Nasdaq closed in green, up by 0.19 per cent, while FTSE 100 was also up by 1.25 percent at the closing on Wednesday.
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Allahabad HC orders probe into 'reinstatement' of teacher in UP's Barabanki
Lucknow (PTI): The Lucknow Bench of the Allahabad High Court on Friday ordered a probe by the special task force (STF) into alleged irregularities in the rejoining of a teacher at City Intermediate College in Barabanki, observing that the reinstatement appeared to be prima facie illegal.
The court also directed the recovery of the salary paid to the teacher during the disputed period.
A bench of Justice Rajeev Singh passed the order on a petition filed by the college management committee. The court expressed doubts over the roles of the District Inspector of Schools (DIOS), Barabanki, the college principal and the teacher concerned and hence, directed a detailed inquiry into the matter.
Taking note of alleged manipulation of records and misleading submissions, the court ordered the immediate transfer of the Barabanki DIOS to ensure a fair probe. It also directed the initiation of disciplinary proceedings against the then joint director of education of the Ayodhya division.
In its order, the court found that the teacher, Abhay Kumar, was initially appointed as an assistant teacher in 2018 but joined an Eklavya Model Residential School in Chhattisgarh as a lecturer in June 2024 without obtaining permission from the management. His subsequent request to retain the lien was rejected.
Despite this, he was allowed to rejoin the Barabanki College in September 2025 on the directions of the joint director of education and the DIOS, and was even paid the salary for October 2025. The court termed the rejoining "wholly illegal" and lacking any legal basis.
The bench also expressed concern over lapses in communication within the education department and directed the Uttar Pradesh chief secretary to ensure that official orders are communicated through email and WhatsApp as well, to prevent disputes.
The matter is next listed for hearing on May 28 when a compliance report is sought.
