In a highly volatile trade, Indian stock indices hovered substantially lower from the previous closing, largely due to sustained selling by foreign portfolio investors.
The October bloodbath of the Indian stock market continues in November with both the major indices Nifty and Sensex tanked more than 1.5 per cent on Monday in mid-session.
Acting on credible information, Chanda Nagar police conducted a raid on a house and arrested an individual for selling drugs for easy money. The arrested person has been identified as Krishna Ram, a native of Rajasthan.
Indian stock markets opened flat amid a buying and selling trend by domestic investors and Foreign Institutional Investors (FIIs). The continuous selling by FIIs and buying support from Domestic Institutional Investors (DIIs) have shifted markets into a balanced mode.
Uttar Pradesh police busted a gang involved in selling arms on social media and apprehended seven people, including two buyers in Muzaffarnagar, said police on Wednesday.
Minister Vijayvargiya told the reporters, "This is my ancestral shop. My father started this shop and used to sell milk, tea, jaggery, sugar etc... People mostly used to drink tea made up from jaggery. Slowly the demands of customers increased following which, we expanded the shop and today
The continuous selling by foreign investors in October has led the market to fall by 6.5 per cent this month. But this fall does not feature in the top 10 falls of Nifty since its inception in the mid-1990s.
Indian stock markets opened flat on Tuesday amid continued selling pressure from foreign investors. Yesterday, both indices gained even after the selling by foreign investors.
Bagga said, "Indian markets are seeing a mild bounce today. The reason could be short covering going into the monthly expiry on Thursday, 31st October. Traders normally have a propensity to carry over longs more frequently than shorts. Also, the FII selling pressure in the derivatives market