Four killed after gas tanker hits truck in K’taka

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Four killed after gas tanker hits truck in K'taka
Four killed after gas tanker hits truck in K'taka

Chitradurga (Karnataka), Dec 4 | Four killed after gas tanker hits truck in K’taka. Four people died on the spot after being hit by a speeding gas tanker in the wee hours of Saturday in Chitradurga district of Karnataka.

The deceased are identified as Hulugappa from Raichur, Sharanappa, a resident of Rona, Sanjay, a resident of Vijayapura and Manjunath, a resident of Kushtagi.

The incident took place on National Highway 40 near Doddasiddavvanahalli village in Chitradurga district. The deceased were travelling towards Bengaluru from Rona town of Gadag district in a truck loaded with onion bags.

According to Chitradurga Rural Police who are investigating the case, the gas tanker driver rammed into the truck parked on the roadside from behind.

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The deceased were in the process of changing tyres. One of them was changing tyres, while another one was holding an umbrella as it was raining. Other two were helping. All of them died on the spot as gas tanker hit them.

Police suspect that due to mist and rain, the driver of the gas tanker couldn’t see the truck parked on the roadside near the bypass road. Luckily, the gas tanker didn’t catch fire in the incident which would have led to greater tragedy. Further investigations are on.

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

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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