Four killed after fire breaks out in Delhi building

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New Delhi, Oct 26 | Four members of a family died on Tuesday after a fire erupted in a multi-storey building in Delhi’s Old Seemapuri area, fire officials said.

According to the officials, fire authorities received a PCR call about the fire at around 4 a.m.

Immediately, a Police Team and Delhi Fire Services personnel reached the spot and doused the blaze.

The victims have been identified as Hori Lal (59) his wife Reena (55), Aasu (24), Roshni (18). They were hfound dead with burn injuries in a room situated on the third floor of the building, the officials said.

The family members were sleeping on the floor of their house when the fire broke out due to a short circuit, the police said.

The spot was inspected by DFS, Crime Team, FSL Team, and senior officers.

Night GO ACP Vivekvihar, DCP Shahadra, and Adl DCP-2 also visited the scene of the incident.

The bodies of the victims have been shifted to GTB Hospital Mortuary and a post-mortem examination will be carried out to ascertain the exact cause of death.

“Appropriate legal action is being taken under sections 436,304A of the Indian Penal Code against unknown persons,” Delhi Police said.

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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