NCB makes huge drug haul from UP-Nepal border


Lucknow, Jan 13 | The Narcotics Control Bureau (NCB), Lucknow zone, has seized a huge cache of psychotropic drugs and arrested six people for their involvement in drugs smuggling from across the India-Nepal border.

The arrests were made at Rupaidiha of Uttar Pradesh’s Bahraich district, officials said.

The drugs were seized in an operation relating to curbing of illegal diversion of narcotics and psychotropic substances across the border.

Acting on specific intelligence inputs, the NCB officials seized the psychotropic drugs and narcotics along with a huge amount of cash from various medical stores and other unauthorised premises.

According to a statement issued by the NCB, a total of 4,237 tablets containing Alprazolam, 2,665 tablets containing Nitrazepam, 5,530 tablets of Tramadol and Diazepam injection and Pentazocine injection and 4,471 bottles of Codeine-based cough syrup worth Rs 30 lakh were recovered from six premises, four of which were medical stores.

Unaccounted cash currency of Rs 1,75,400 and 59,000 Nepali rupees were also seized in this operation.

The arrested have been identified as Anil Kumar Mishra, Govind Kumar Verma, Ishtiaq Ahmad, Mohd Ghalib, Shiv Kishor Vishwakarma and Radhe Shyam Verma.

All of them are residents of Bahraich district.

Officials said that the NCB, Lucknow Zone had been receiving the information of diversion and trafficking of narcotics and psychotropic medicines in the bordering areas of India and Nepal.

In view of the upcoming Assembly elections in Uttar Pradesh and Uttarakhand, the NCB has deployed its teams in the field to develop intelligence related to drug trafficking and conduct operations and seizures based on intelligence.

Teams on the India-Nepal border are keeping a close watch on smuggling of drugs in poll-bound areas.

Source: IANS

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The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India



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