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.
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Five suspects held for alleged murder of Congress activist Ganesh Gowda in Chikkamagaluru
Chikkamagaluru: Five activists of BJP and Bajrang Dal were arrested by the Sakharayapatna Police for alleged murder of Congress activist and Sakharayapatna Gram Panchayat member Ganesh Gowda (38) on Friday night, following a fight over a banner.
Three of the arrested men, Sanjay, Bhushan and Mithun, are known to be BJP members.
An argument broke out between two groups in Sakharayapatna of Kadur taluk two days ago regarding a banner for observation of ‘Datta Jayanti’. The argument continued and intensified into a fight on Friday night near a bar in the village. Shortly later, at around 10:30 pm, a group of eight miscreants on motorbikes is learned to have stopped Gowda, who was traveling in a car on the Kalmurudeshwara Mutt Road and attacked him with lethal weapons.
A seriously injured Gowda reportedly died on the spot.
One of the suspects, Sanjay, was also injured in the attack and is being treated at the Chikkamagaluru Mallegowda District Hospital.
Sakharayapatna Police have registered a case and are investigating.
Chikkamagaluru Superintendent of Police Vikram Amte has said that, as precautionary measure, security has been beefed up in the village.
“While four special teams have been formed for investigation, five of the suspects have already been taken into custody. We are still probing the incident,” he added.
