Bengaluru police nabs 3 more in slain BJP leader’s case

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Bengaluru, June 26 | Bengaluru police have arrested three more persons who are suspected to be involved in the murder of BJP leader Rekha Kadiresh in Bengaluru, said the police on Saturday.

The police added that so far five persons suspected to have been involved in connection with the killing of Rekha have been arrested. She was hacked to death by an armed gang in broad daylight on Thursday.

According to police, three accused are identified as Stephen (21), Ajay, (21) and Purushottam (22), all residents of Cottonpet, Bengaluru.

The police added that the search team has arrested Peter a.k.a. Lamboo Peter (46) and Surya (19) in the wee hours of Friday after opening fire on them when they resisted the police efforts to nab them.

The police said that of the five at least three are related to Rekha’s husband Kadiresh who too was killed in a similar fashion in February 2018. “Arrested accused are part of Kadiresh’s criminal gang that operated in the Cottonpet area. These accused have a history of often falling out and joining Kadiresh in the past too,” explained the police.

Slain BJP leader, Rekha (45) was second wife to S. Kadiresh, and elected twice to Bengaluru Local Civic Body on the BJP’s ticket.

Prior to his death, Kadiresh was facing more than dozen cases of murders, extortion and attempt to murder cases and ran gang in Cottonpet, one of the oldest and thickly populated areas.

The police has registered a case and an investigation is underway.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

On a weekly expiry day, Nifty opened on positive note and have a dip to make an intraday low at 15367.50 level but showed bounce back moment as managed to close at 15556.65 level with a gain of 143 points. Bank Nifty closed the session at 33135 level with a gain of 289.70 points. 45 Out of Nifty 50 ended in green which suggest broad based buying.

All the sectoral indices managed to close in green expect Energy while Nifty Auto was top gainer. Among Nifty Stock, MARUTI, EICHERMOT, HEROMOTOCO & M&M were the top gainers, While RELIANCE, COALINDIA, POWERGRID & GRASIM were the prima laggards. India VIX closed at 20.88 level with a loss of 1.97%. On Technical Front, The Nifty has formed bullish candle but faced resistance at 21 Four-Hourly Moving Average i.e., 15647 which suggest crossing above the same can show more upside rally.

Nifty has been trading in range of 15200-15700 level while breaching either side can suggest further direction of breakouts. Nifty has given above 50-Hourly Moving Averages which indicate it can show upside moment in the counter. On the Nifty OI Data, On the call side ,the highest OI witnessed at 16000 level while on the put side was at 15500 Niftg level followed by 15300 levels. The momentum indicators Stochastic is trading with a positive crossover on a daily chart which suggest northward journey in the Nifty.

The Nifty may find support around 15200 levels while on the upside 15700 may act as an immediate hurdle. On the other hand, Bank Nifty has support at 32300 levels while resistance at 33800 levels.

Overall, Sector specific momentum has been observed, crossing above 15700 Nifty can show more upside rally.

Market entering into buy on dips pattern.

Palak Kothari
Senior Technical Analyst
Choice Broking

Source: Choice India

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The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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