Search on for 15-yr boy dragged into river by croc in K’taka


Uttara Kannada (Karnataka), Oct 25 | The search by the forest department, police and fire personnel continued on Monday for the 15-year boy who went missing after a crocodile dragged him into Kali River in Dandeli town in Uttara Kannada district of Karnataka. The search operations will resume on Tuesday morning.

Mohin Mehaboob Gulbargawale went missing from the river banks of Kali while catching fish on Sunday afternoon. The police have found his footwear near the banks of the river.

Witnesses have told police that the boy was dragged into the water by a crocodile. The authorities have stopped the release of water from Supa dam to carry out search operations.

Meanwhile, the locals have complained about rising crocodile attacks. Two month ago a huge crocodile had entered a residential locality of Dandeli town. The video of croc passing through the residential lanes had gone viral. The case has raised concerns as Dandeli is a tourist destination for water rafting and jungle trekking.

Omkar Umesh, owner of Tribal Eco Shop in Dandeli explained that Dandeli as a tourist destination is witnessing an exponential growth. The tourists from Karnataka, Goa and Maharashtra arrive in large numbers. In the last two years, a large number of visitors came from Hyderabad and Chennai also.

Dandeli municipality has to build fencing along the stretch of Kali river bank. This is the first time that such a development has been reported. Though crocodiles are present in large numbers in River Kali, they have harmed none till date. Large numbers of tourists visit Dandeli to sight Crocodiles. Because of the proactive measures by the authorities, the breeding of crocodiles has also gone up, he explained.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

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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