Sensex falls over 150 pts, Nifty slips below 10,300
Mumbai, Oct 8 : The BSE Sensex fell over 150 points and the NSE Nifty dropped below the 10,300-level in early trade Monday on unabated foreign fund outflow amid weak Asian cues and the weakness in rupee.
Falling for the fourth straight session, the BSE 30-share barometer fell 169.20 points, or 0.53 per cent, to 34,207.79 after hitting a low of 34,106.24.
The gauge had plunged by 2,149.15 points in the previous three sessions.
Sectoral indices, led by metal, realty, consumer durables, capital goods, healthcare, auto, FMCG, power and teck, were trading in the negative terrain, falling up to 3.38 per cent.
The NSE Nifty fell 88.85 points, or 0.86 per cent, to 10,227.60.
Top laggards include Vedanta, Tata Steel, Adani Ports, HDFC, Wipro, L&T, RIL, Bajaj Auto, ITC, Maruti Suzuki, HUL, Sun Pharma, ICICI Bank, TCS, Bharti Airtel, IndusInd Bank, M&M and Axis Bank, dropping by up to 6.58 per cent.
However, Yes Bank, Coal India, SBI, ONGC, PowerGrid and Kotak Bank were trading in the green on value buying.
Foreign funds sold shares worth a net of Rs 3,370.14 crore, while domestic institutional investors bought equities worth Rs 1,902.07 crore Friday, provisional data showed.
Foreign investors have pulled out over Rs 9,300 crore (USD 1.3 billion) from the Indian capital market in the last four trading sessions.
Brokers said besides unabated foreign fund outflows, losses at other Asian markets, led by China and Friday's losses in the US market, dampened trading sentiments here.
Hong Kong's Hang Seng fell 0.87 per cent, while Taiwan TSEC index shed 0.78 per cent in their late morning deals. Shanghai Composite Index fell 2.95 per cent. Japanese markets are closed Monday for a public holiday.
The US Dow Jones Industrial Average ended 0.68 per cent down on Friday.
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Two held for assaulting policemen over drinking in public
Bengaluru (PTI): Two police personnel on patrolling duty were allegedly abused and assaulted by a group of four youths after being asked not to consume alcohol in a public place, police said on Wednesday.
Two of the accused -- an engineering student and a software engineer, both in their 20s -- have been arrested in the case, they said.
Efforts are being made to nab the other two suspects, who have been identified, police added.
The incident occurred in the early hours of May 1, when the two personnel, attached to Amrutahalli police station, were patrolling on a two-wheeler near Akashavani Layout, they said.
According to police, while patrolling around 3 am, they noticed four youths who had stopped their car on the road and were consuming alcohol. When they were told to leave, as drinking alcohol in a public place is not permitted, one among them suddenly started abusing them.
When the policemen attempted to take out their lathi from the vehicle, the youths allegedly caught hold of them from behind, grabbed and dragged them, and tore one of their uniforms, the FIR stated.
They assaulted them with their hands and with rings worn, causing injuries to their faces. They also kicked them, causing pain, it said.
Thereafter, the accused allegedly snatched the key of their vehicle, pushed them to the ground, and fled the scene in their car at high speed, police said.
The policemen then immediately went to a hospital for treatment and lodged a complaint against four unknown youths, following which an FIR was registered against them under Sections 121(1) (voluntarily causing hurt or grievous hurt to deter a public servant from duty), 132 (assault or criminal force to deter a public servant from discharge of duty), 304 (snatching), and 3(5) (common intention) of the Bharatiya Nyaya Sanhita.
"We have arrested two people in the case and efforts are being made to nab the other two suspects who have been identified," a senior police officer said.
