Mumbai (PTI): Twenty-four mobile phones and 12 gold chains of people were allegedly stolen during a concert of popular American rapper and singer Travis Scott held in Mumbai on November 19, a police official said here on Saturday.

Several attendees reported that their expensive mobile phones and gold chains went missing during the event held at the Mahalaxmi Racecourse. It is suspected that an organised gang took advantage of the massive crowd and specifically targeted concertgoers, an official said.

A case has been registered against unidentified accused under sections 303 (2) and 304 of the Bharatiya Nyaya Sanhita (BNS) at the Tardeo police station, he said.

Police sources added that such gangs often target large concerts and high-footfall events.

So far, 24 victims have approached the police with complaints, but officials say the number may rise as many people are still searching for their missing phones and jewellery, the official added.

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Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.

Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.

At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.

On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.

Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.

On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.

Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.

"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.