Sensex drops over 150 pts, Nifty slips below 11,300
Mumbai: Equity benchmark BSE Sensex dropped over 150 points on Thursday tracking losses in banking stocks amid unabated foreign fund outflow. The 30-share index was trading 170.98 points, or 0.45 per cent, lower at 38,006.97 at 0930 hours. Similarly, the broader NSE Nifty fell 48.60 points, or 0.43 per cent, to 11,264.70.
Top losers in the Sensex pack during early session included SBI, ICICI Bank, Tata Motors, Yes Bank, Tata Steel, Axis Bank, HDFC twins, M&M, Bajaj Finance and IndusInd Bank, shedding up to 2.66 per cent.
On the other hand, Bharti Airtel, RIL, Infosys, TCS and Sun Pharma advanced up to 5 per cent.
In the previous session, the BSE barometer surged 645.97 points or 1.72 per cent to end at 38,177.95, while the Nifty zoomed 186.90 points or 1.68 per cent to 11,313.30.
Foreign institutional investors (FIIs) remained net sellers in the capital market, pulling out Rs 485.24 crore on Wednesday, while domestic institutional investors bought shares worth Rs 956.26 crore, data available with stock exchange showed.
Elsewhere in Asia, bourses in Shanghai, Hong Kong and Tokyo were trading on a positive note in early trade amid hopes of a trade deal between the US and China as they hold the next round of trade negotiations on October 10. Exchanges in Seoul were trading in the red.
Stocks on Wall Street ended on a positive note on Wednesday. The rupee, meanwhile, appreciated 5 paise against its previous close to trade at 71.02 in early session.
Brent futures, the global oil benchmark, fell 0.17 per cent to USD 58.22 per barrel.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Man held for blackmailing woman using explicit photos, videos
Bengaluru (PTI): A 46-year-old man has been arrested for allegedly blackmailing a woman using her explicit photos and videos to force her into a sexual relationship with him, police said on Saturday.
The accused, Haniyur Chandregowda, is a member of the Child Welfare Committee in Ramanagara, they said.
Obscene photos of several other women were also found on his mobile phone during examination, police said.
The case came to light after a 43-year-old woman, who works as a make-up artist, filed a complaint at the Rajarajeshwari Nagar police station on April 30, they said.
According to FIR, the woman met Chandregowda in 2021. He told her he was connected to TV serials and took her phone number on the pretext of offering make-up work. The woman had been living separately from her husband for about eight years.
The accused started visiting her house frequently and told her he was a lecturer with a good salary and promised to marry her and entered into a physical relationship with her, she alleged.
Police said Chandregowda later used private photos and videos of their intimate moments to threaten her. He allegedly warned that he would make them public if she did not agree to his demands, and continued the relationship under pressure.
The FIR also stated that in 2024, he rented a house using the woman's documents by falsely claiming to be her husband.
The woman also alleged that he used a fake ID claiming he was a Superintendent of Police to avoid paying toll fees.
She claimed that he had taken around Rs 5 lakh from her since 2021 and had not returned the money.
The FIR further stated that he added his name to the educational documents of the woman's daughter, pretending to be her husband.
Based on the complaint, a case under sections 69 (sexual intercourse by deceitful means) and 204 (impersonating a public servant) of the Bharatiya Nyaya Sanhita was registered. He was later arrested, a senior police officer said.
