Asian cues push equity indices higher; Sensex gains over 200 points
Mumbai, July 9 : Firm Asian cues lifted the key Indian equity indices on Monday, with the BSE Sensex rising over 200 points.
according to market analysts, investor sentiments in the Asian markets were supported by a healthy US jobs data released on Friday.
In the domestic indices, they said, healthy buying was witnessed in the banking, auto and metal stocks.
At 12.17 p.m., the broader Nifty50 of the National Stock Exchange (NSE) traded at 10,838.40 points -- higher by 65.75 points or 0.61 per cent -- from its previous close of 10,772.65 points.
The barometer 30-scrip Sensex on the BSE, which had opened at 35,835.10 points, traded at 35,884.18 points (12.20 p.m.) -- up by 226.32 points or 0.63 per cent -- from its previous session's close of 35,657.86 points.
Sensex has so far touched a high of 35,931.09 points and a low of 35,779.72 points during the intra-day trade. The BSE market breadth was bullish with 1,574 advances against 770 declines.
The top gainers on the Sensex were Vedanta, Axis Bank, Yes Bank, Sun Pharma and Tata Motors whereas Tata Consultancy Services (TCS), Coal India and HDFC were the losers.
On the NSE, Vedanta, Dr Reddy's Lab and Axis Bank were the highest gainers while TCS Ultratech Cement and HDFC lost the most.
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Mangaluru man duped of Rs 10.55 lakh in Instagram ‘digital gold’ investment scam
Mangaluru: A 57-year-old man has allegedly been cheated of Rs 10.55 lakh by online fraudsters who lured him into investing in a so-called digital gold trading platform through Instagram, Deccan Herald reported on Tuesday.
According to the complaint, the victim was browsing Instagram at his residence on November 12, 2025, when he received a message from an account named “Suhani Patel.” The accused initiated a friendly conversation and later persuaded him to invest in the “digital gold market,” promising high returns.
The accused subsequently shared a mobile number and sent a link via WhatsApp, asking the complainant to install an application called “Kanak Daam Exchange.” Following the instructions, the victim downloaded the app and registered.
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The accused told the complainant that all transactions would be handled through the app’s customer service. Following their instructions, the complainant contacted the customer service through the app and sent a message requesting US dollars in exchange for Indian rupees. He was then directed to transfer money to specific bank accounts provided by the accused.
Trusting the claims, the complainant transferred Rs 1,50,000, Rs 3,45,000 and Rs 5,60,000 in multiple transactions, amounting to a total of Rs 10,55,000.
Subsequently, the app displayed that his total investment had grown to Rs 60 lakh. However, when he attempted to withdraw the amount due to personal financial needs, the request was denied. On contacting customer service, he was informed that he would have to pay 30 per cent of the total amount as “tax” before any withdrawal could be processed.
Growing suspicious, the complainant reportedly consulted officials at Canara Bank, who advised him that it was a fraud and warned him not to transfer any more money. When he confronted the accused, the amount displayed in the app was allegedly reduced to zero, and he was blocked from further communication.
Despite further attempts to contact “Suhani Patel,” the accused allegedly continued to assure him that the lost money would be returned, before eventually blocking him.
The complainant stated that he was cheated between November 12, 2025 and February 27, 2026, and has urged police to take action against the fraudsters.
A case has been registered, and further investigation is underway.
