Security checks at B’luru airport stalled after man refuses to remove Rolex


Bengaluru, Dec 30 | Security checks at Bengaluru’s Kempegowda International Airport (KIA) were held up briefly after a man refused to remove his expensive Rolex watch and place it on a tray for the mandatory screening process of passengers by Central Industrial Security Force (CISF) personnel.

A video posted by a witness about the incident that took place on Tuesday media has gone viral.

According to sources at the airport, the man, who was boarding a Vistara flight to Delhi, declined to remove Rolex Submariner and maintained that it is worth Rs 40 lakhs and that it may get stolen during the screening.

The argument stalled security checks and senior CISF officers had to intervene. The traveller .

However, CISF personnel stood their ground and warned the man that they would not allow him to board his flight if he refused to cooperate even as he boasted about his contacts in New Delhi.

The passenger finally agreed to cooperate and removed his watch for security clearance.

No case was registered against the man and he was let off with a warning.

However, the other passengers who witnessed the incident appreciated the courage of CISF officers for not buckling under pressure.

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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