Delhi Police divert traffic to Ghaziabad as NH 24, 9 barricaded


New Delhi, Oct 4 | The Ghaziabad Police have barricaded National Highway 24 and National Highway 9 following which the Delhi Traffic Police were forced to divert traffic on several roads, most likely due to the ongoing farmers’ agitation.

Both NH 9 and NH 24 connect the national capital with Uttar Pradesh and are also among the key routes towards Ghazipur border where farmers have been protesting against the contentious farm laws for almost one year.

Informing about the closure, the Delhi Traffic Police said that due to barricading by the Ghaziabad traffic police they have diverted the traffic from several roads.

A diversion has been created at Akshardham setu towards Noida and Vikas Marg for Ghaziabad. “Road No 57A to Hasanpur Karkari Mod for Shahadar, Anand Vihar and Ghaziabad,” the traffic police said.

The traffic was also diverted from roundabout Ghazipur towards Anand Vihar, Bhopura border Ghaziabad via road no 56 and from roundabout Murga Mandi towards Dr Hadgewar marg then Nala road up to Uttar Pradesh gate Ghaziabad for Vaishali, Vasundhara and Ghaziabad via paper market Ghazipur.

Earlier also the Delhi Traffic Police had advised commuters going to Ghaziabad from Sarai Kale Khan to take an alternate route, but later deleted the tweet.

“Commuters coming from Sarai kale Khan take an alternative route for Ghaziabad i.e. Vikas Marg via road no 57 A, road no 56. Anand Vihar and Paper market for Ghaziabad and for Noida via DND,” the traffic police deleted the tweet.

The heavy barricading possibly comes in wake of the violence at a farmers’ protest in Uttar Pradesh’s Lakhimpur Kheri on Sunday that left at least eight people dead and 15 others injured. The protest took a violent turn there as unidentified persons opened fire at the farmers. Infuriated farmers then set three jeeps on fire after some of the protesters were run over by the vehicles. One of the vehicles is said to belong to Ashish Mishra, son of the Union Minister of State for Home Ajay Mishra.

Since Sunday, the incident became a political hotspot with leaders from the Opposition parties cornering the present dispensation and vowing to reach the site of the massacre.

Source: IANS

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Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Dalal Street found no relief with incessant sell off during the month. Nifty traded on a bearish note and ended at 16025.80 with loss of 99.35 points or 0.62 percent following weak global cues on Wednesday. While Banknifty closed at 34339.50 on the higher side with marginal gain of 49.35 points.

bhaskarlive market closing

The weakness in US stocks is playing out globally with signs of higher inflation, which has spoiled investors’ appetite for the Indian market as well. Rising India VIX to 25.28 has led Indices to big intraday swings on both sides. Sectorally maximum sectors closed on the negative side as Nifty IT and Nifty Media sheds more than 3 percent each. While Nifty Financial Services ended on a positive side gaining 0.68 percent.

In nifty stocks, NTPC, HDFCLIFE, SBILIFE were the top gainers while ASIANPAINT, ADANIPORT and TECHM were the prime laggards. Coming to the OI Data, on the call side highest OI witnessed at 16200 followed by 16300 strike price while on the put side, the highest OI was at 15800 strike price. Technically, Nifty has formed three black crow patterns in the daily chart suggesting bearishness would remain intact. We expect a rise in volatility as well on monthly expiry day.

Riding against the trend may not be beneficial for short term traders. All major moving averages are lying above 16300 levels. Indicators such as MACD and RSI are still struggling to overcome the oversold zone in the daily time frame. Overall, Nifty is having support at 15800 mark while on the upside 16300 may act as an immediate resistance for monthly expiry. While Banknifty has support around 33500 while resistance is placed at 35200 on the daily chart.

Om Mehra
Research Associate
Choice Broking

Source: Choice India


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