Sensex hits record high, Nifty trades over 11,000 mark
Mumbai, July 12 : The benchmark BSE Sensex touched an all-time high of 36,699.53 points on Thursday, tracking gains in the Asian markets.
The previous record level of the Sensex was of 36,443.9 points on January 29, 2018. In line with its bullish trend, the wider Nifty50 on the National Stock Exchange traded over the 11,000 mark during the day.
In the Asian markets, investor sentiments were boosted after reports on Wednesday said China and the US may resume talks to ease the ongoing trade tensions.
At 12.29 p.m., Nifty50 traded at 11,067.95 points -- higher by 119.65 points or 1.09 per cent -- from its previous close of 10,948.30 points.
The barometer 30-scrip Sensex, which had opened at 36,424.23 points, traded at 36,659.62 points (12.29 p.m.) -- up by 393.69 points or 1.09 per cent -- from its previous session's close of 36,265.93 points.
As mentioned, it has so far touched an intra-day high of 36,699.53 points and a low of 36,422.08 points. The BSE market breadth was bullish with 1,427 declines against 965 advances.
In another major development, market capitalisation (m-cap) of Reliance Industries reached Rs 695,102.97 crore or $100 billion during the day, the second Indian company to reach the level after Tata Consultancy Services.
The top gainers so far on the Sensex were Reliance Industries, Yes Bank, State Bank of India (SBI), Larsen and Toubro (L&T) and Hindustan Unilever whereas Infosys, Mahindra and Mahindra (M&M), Adani Ports, Power Grid and Tata Consultancy Services were the losers.
On the NSE, Reliance Industries, Hindustan Petroleum and BPCL were the highest gainers while Bharti Infratel, Infosys and UPL lost the most.
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Karnataka govt directs municipal corps to regulate, prohibit pigeon feeding
Bengaluru (PTI): The Karnataka government has issued directions to municipal corporations across the state to regulate and prohibit feeding pigeons in public places, citing serious public health concerns.
Deputy Secretary to Government V Lakshmikanth has written to the Urban Development Department requesting it to issue directions to the Greater Bengaluru Authority (GBA) and all municipal corporations to take immediate steps to implement the measures.
In an official note dated December 16 issued by the Health and Family Welfare Department and released to the media on Wednesday, the department said uncontrolled feeding of pigeons in public places has resulted in large congregations of birds, excessive droppings and serious health concerns, particularly respiratory illnesses linked to prolonged exposure to pigeon droppings and feathers such as hypersensitivity pneumonitis and other lung diseases.
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"The commissioner, the Greater Bengaluru Authority and the Commissioners and chief officers of other municipal corporations shall take necessary action to mitigate the causes of dangerous disease spread by pigeon and enforce specified guidelines in their respective jurisdiction," the note said.
According to the department, these include a prohibition on feeding pigeons or causing pigeons to be fed in areas where it may cause nuisance or pose a health hazard to the public. Pigeon feeding shall be permitted only in designated areas in a controlled manner, subject to certain conditions.
"The designated areas may be selected in consultation with stakeholders. The responsibility for upkeep of the designated areas and compliance to the directions shall be taken up by some charitable organisation or an NGO. The feeding in designated areas shall be permitted only for some limited hours in the day," it said.
The note further stated that authorised officers of local authorities shall issue on-the-spot warnings and may impose fines for violation of the order, or lodge complaints to prosecute offenders under Sections 271 (Negligent act likely to spread infection of disease dangerous to life) and 272 (Malignant act likely to spread infection of disease dangerous to life) of the Bharatiya Nyaya Sanhita.
It also directed local authorities to conduct public awareness campaigns, including the display of signboards, banners and digital messages, explaining the health hazards associated with pigeon droppings and feathers, the content of the regulatory directions and penalties for violations, and alternative humane methods of bird conservation that do not endanger public health.
