Sensex climbs 1,300 points; Nifty touches 11,800
Mumbai: Domestic benchmark indices extended their rally Monday with the BSE Sensex climbing 1,300 points, while Nifty touched 11,800 mark as investors cheered exit poll results that showed a likely win for the ruling NDA in the general elections.
The 30-share index was trading 1,341 points, or 3.54 per cent, higher at 39,271.77. In similar movement, the broader NSE Nifty soared 393.95 points, or 3.45 per cent, to 11,801.10.
Top gainers in the Sensex pack include SBI, Yes Bank, Tata Motors, L&T, ICICI Bank, IndusInd Bank, ONGC, Maruti, M&M, Axis Bank, RIL, Hero MotoCorp, HDFC, Vedanta, Asian Paints, Tata Steel and Bajaj Finance, rising over 7 per cent.
On the other hand, Bajaj Auto and Infosys slipped up to 1 per cent.
Most exit polls Sunday forecast another term for Prime Minister Narendra Modi, with some of them projecting that BJP-led NDA will get more than 300 seats to comfortably cross the majority mark of 272 in the Lok Sabha.
The results of the seven-phase polls will come out Thursday.
"If exit polls are right a BJP single party majority may result in an up-move of 5-10 per cent of the Nifty in the near term. However, a non NDA government may lead to a 10-15 per cent correction in Nifty, if we go by market reactions in 2004 and 2009 to big surprises," UBS Securities said in a research note.
Meanwhile, market regulator Sebi and stock exchanges have beefed up their surveillance mechanism to check any manipulative activities in the market this week in view of the high-octane election related events lined up.
On the currency front, the rupee appreciated by 69 paise to 69.53 against the US dollar.
Brent crude, the global benchmark, was trading at 72.62 per barrel, higher by 0.57 per cent.
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Mumbai family deaths: Rat poison ingredient zinc phosphide found in viscera, watermelon sample
Mumbai (PTI): Four members of a family in Pydhonie area of south Mumbai died last month due to rat poison, police officials said on Thursday.
The Forensic Science Laboratory (FSL) report has confirmed the presence of zinc phosphide in viscera (liver, kidney, spleen), stomach contents, bile, and abdominal fat samples of the deceased identified as Abdulla Dokadia (44), his wife Nasrin (35) and their daughters Aayesha (16) and Zaineb (13), said Deputy Commissioner of Police Pravin Mundhe.
"The watermelon sample also tested positive for zinc phosphide, while all other food items were negative. The report will be studied in depth. We will consult forensic doctors. Further probe in the case is underway," the DCP said.
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Zinc phosphide is used primarily as a highly toxic acute rodenticide to control rats and mice.
"The forensic experts who examined the viscera of deceased Abdulla Dokadia, Nasrin (35), Aayesha (16) and Zaineb (13) found traces of zinc phosphide. It is, however, unclear whether the rat poison was consumed accidentally (or on purpose). So far, we have found no strong reason why the whole family would take such an extreme step," another official said.
Further probe is being conducted by the JJ Marg police station, which has recorded statements of kin and neighbours, he added.
The Dokadia family, residents of Ghari Mohalla on Ismail Kurte Road, had hosted a get-together of relatives on the night of April 25. At around 1 am, hours after the guests had left, Abdullah Dokadia, his wife Nasreen, and daughters Ayesha and Zaineb ate pieces of a watermelon.
They suffered severe bouts of vomiting and diarrhoea in the early hours of April 26 and were rushed to a local hospital before being referred to the government-run J J Hospital where all four died during treatment.
