Not satisfied with action of state: SC on UP govt’s probe in Lakhimpur Kheri violence

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New Delhi, Oct 8 | The Supreme Court on Friday said it is “not satisfied with the steps taken by the state” in the Lakhimpur Kheri violence case, and expected a responsible government, system and police. The top court also observed that handing over the case to the CBI was not the solution.

A bench headed by Chief Justice N.V. Ramana and comprising Justices Surya Kant and Hima Kohli said: “We are not satisfied with the action taken by the state”.

On the non-arrest of Ashish Mishra, son of Union Minister Ajay Mishra, the bench queried Salve, “Is this the way you treat the accused in other cases as well?…Sending notice”.

The bench told Salve, “When there is a serious allegations of murder and gunshot injury, how the accused in other parts of the country are treated. Please tell us.”

The bench further queried senior advocate Harish Salve, representing the Uttar Pradesh government, that has the state government made a request to give the case to the CBI?

Salve replied that it is entirely in their hands. However, the bench told Salve: “CBI is also not a solution and you know the reason why…You find out better mode”.

Salve said the case is extremely serious. The bench replied: “If it is an extremely serious case that’s not how things are taking place. It is only in words and not in action”.

Salve admitted before the top court that what has been done by the state is not satisfactory and remedial action will be taken soon, and urged the bench to put the matter for hearing immediately after the Dussehra vacation.

The top court also took a strong objection to SIT formed in the matter, which comprises local officers.

The bench said it may not be required to keep the SIT anymore, and emphasized that they should not destroy evidence or do anything negative. Salve submitted that given the evidence in hand, allegations under Section 302, may be possibly true.

The top court told Salve that it will take up the matter after Dussehra vacation, ‘but that does not mean the state holds its hands’, and insisted that the state must take immediate steps.

Justice Kant said: “You have to inspire confidence”. Salve said, “What they have done isn’t satisfactory”.

The bench said: “Because of the sensitivity of the issue, state should understand, we aren’t saying anything more”.

The apex court has listed the matter for further hearing on October 20.

On Thursday, the top court had directed the Uttar Pradesh government to submit a status report indicating who are the accused named in the FIR filed in the Lakhimpur Kheri violence case and whether they have been arrested or not.

On October 3, nine persons, including four farmers, were killed in the violence that had erupted during a farmers’ protest in Lakhimpur Kheri.

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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