Sensex, Nifty rebound after days of downtrend
Mumbai, Nov 19: Equity benchmark indices Sensex and Nifty bounced back on Tuesday after days of downtrend on value-buying at lower levels and rally in blue-chip stocks HDFC Bank, Tech Mahindra and M&M.
Continuous buying by domestic institutional investors also supported the indices, traders said.
Snapping its four days of decline, the BSE benchmark Sensex climbed 239.37 points or 0.31 per cent to settle at 77,578.38. However, fag-end decline in Reliance Industries restricted the market rally. During the day, it zoomed 1,112.64 points or 1.43 per cent to 78,451.65.
The NSE Nifty also bounced back after falling in the past seven trading days. It went up by 64.70 points or 0.28 per cent to settle at 23,518.50.
From the 30-share Sensex pack, Mahindra & Mahindra, Tech Mahindra, HDFC Bank, Titan, Tata Motors, UltraTech Cement, Power Grid and Infosys were the biggest gainers.
In contrast, Reliance Industries, State Bank of India, Bajaj Finserv, Maruti, Tata Steel and Bharti Airtel were among the laggards.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,403.40 crore on Monday, while Domestic Institutional Investors (DIIs) bought shares worth Rs 2,330.56 crore, according to exchange data.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong settled higher.
European markets were trading lower. The US markets ended mostly higher on Monday.
Global oil benchmark Brent crude dipped 0.25 per cent to USD 73.12 a barrel.
The 30-share BSE benchmark dropped 241.30 points or 0.31 per cent to settle at 77,339.01, registering its fourth day of decline on Monday. Falling for the seventh day in a row, the Nifty dipped 78.90 points or 0.34 per cent to 23,453.80.
Leading stock exchanges BSE and NSE have declared a trading holiday on November 20 for assembly elections in Maharashtra.
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UP: 60 booked over protest outside Agra's Jama Masjid after animal flesh found on premises
Agra, Apr 13 (PTI): Around 60 people have been booked over a protest staged outside the Jama Masjid here following the recovery of animal flesh from the mosque premises, police said on Saturday.
The protest took place after Friday prayers, with demonstrators demanding strict action against the man who placed the flesh in the mosque premises.
Deputy Commissioner of Police (DCP) (City) Sonam Kumar said, "A case has been registered against the man who placed the piece of meat inside the mosque. Additionally, those who created disturbance outside the Jama Masjid have been booked. Around 60 people have been named in the FIR for their involvement in the protest."
The incident occurred late Thursday night when a man, Nazruddin, allegedly placed a packet containing animal flesh inside the Jama Masjid in the Mantola area. The matter came to light on Friday morning, triggering tension in the locality ahead of the weekly Friday prayers.
Police said CCTV footage showed the accused arriving at the mosque on a scooty and placing the packet inside the premises before leaving.
A team of more than 100 police personnel was deployed for investigation and area security. The recovered meat was seized and sent for forensic examination, they said.
The scooty used in the crime was traced to a local meat shop. Interrogation of the shopkeeper led to the arrest of Nazruddin, from Teela Nandram area, police added.
The accused was arrested on Friday and efforts and authorities are now probing whether he acted alone had accomplices, the DCP said.
Additional Police Commissioner Sanjeev Tyagi said that action would be taken under the National Security Act (NSA).
"We are looking into the intent behind the act and whether more people were involved," he added.
A group of people gathered outside the mosque, after Friday prayers, demanding capital punishment for the accused. The situation turned tense and police had to use mild force to disperse the crowd, he added.
Security was subsequently heightened in and around the Jama Masjid, with intensified police patrolling to prevent any further disturbance in the area.
Authorities have appealed to residents to maintain peace and refrain from spreading or acting on rumours.
