Global cues subdue equity indices; Sensex down over 250 points
Mumbai, July 2 : Weak global cues depressed the key Indian equity indices on Monday afternoon, with the BSE Sensex losing over 250 points.
Heavy selling pressure on metal, capital goods and banking stocks weighed down the indices, analysts said.
At 1.25 p.m., the broader Nifty50 of the National Stock Exchange (NSE) traded at 10,616.05 points -- down by 98.25 points or 0.92 per cent from its previous close of 10,714.30 points.
The barometer 30-scrip Sensex on the Bombay Stock Exchange (BSE), which had opened at 35,545.22 points, traded at 35,165.29 points (1.25 p.m.) -- lower by 258.19 points or 0.73 per cent from its previous session's close of 35,423.48 points.
Sensex has so far touched a high of 35,578.24 points and a low of 35,106.57 during intra-day trade. The BSE market breadth was bullish with 698 declines and 1,752 advances so far.
The top gainers on the Sensex were Bajaj Auto, Asian Paints, Infosys, IndusInd Bank and Tata Consultancy Services whereas NTPC, Bharti Airtel, Vedanta, Adani Ports and ONGC were the major losers.
On the NSE, Bajaj Auto, Asian Paints and IndusInd Bank were the highest gainers while Hindalco Industries, NTPC and Bharti Airtel lost the most.
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Bridge portion collapses on Jammu outskirts; 3-4 labourers feared trapped, 1 rescued
Jammu (PTI): A portion of a small bridge collapsed in the Bantalab area on the outskirts of Jammu city on Friday, trapping at least three to four labourers under the debris, while one injured worker was rescued, official sources said.
Authorities have closed the road link following the collapse of the portion of the bridge.
The incident occurred when labourers were carrying out repair work on a retaining wall near the bridge that was damaged in last year's flash floods, the sources said.
According to the sources, a section of the bridge suddenly gave way, burying workers engaged at the site under the rubble.
Police, Army and State Disaster Response Force (SDRF) teams launched rescue operations to extricate those buried under the debris. They pulled out one injured labourer and shifted him to a hospital, the sources said.
Family members of the labourers present at the site said around six workers engaged at the site at the time of the incident came under the debris when the structure collapsed. The family members said while two of the labourers managed to escape, four got trapped.
The sources said those trapped included the husband of a woman labourer, a mason, an unmarried labourer and a relative of the contractor.
There was no official confirmation on the exact number of persons trapped under the debris till the filing of this report.
The rescue operations are ongoing.
