Suspected Pak terrorist arrested in Delhi (Ld)

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New Delhi, Oct 12 | The Special Cell of Delhi Police has arrested a suspected Pakistani terrorist from the Laxminagar area of the city, an official said here on Tuesday.

According to the official, the suspected Pakistan national, who had obtained fake Indian identity cards through forged documents, has been identified as Mohd. Ashraf alias Ali, a resident of Punjab in Pakistan.

The arrested accused was living as an Indian national by the name of Ali Ahmed Noori, a resident of Shastri Nagar in the national capital.

“At the time of his arrest, the police recovered an AK 47 rifle along with several other arms and ammunition,” Deputy Commissioner of Police, Special Cell, Pramod Kushwaha said.

Apart from the AK 47 rifle, two magazines with 60 rounds, one hand grenade, and two pistols with 50 rounds of cartridges were also recovered from his possession.

The suspect has been arrested under relevant sections of the UAPA Act, Explosives Act, and Arms Act, the official said.

Pertinently, this major arrest comes nearly a month after the Special Cell, on September 14, busted a Pakistan-based terror module and arrested seven suspected terrorists, including two people who were trained by Pakistan’s Inter-Services Intelligence (ISI).

The ISI had trained the two terrorists to blow bridges and railway tracks in order to cause mass casualties in India.

The arrested terrorists were planning to carry out terror attacks in the country during this festival season.

All the suspects are currently in police custody.

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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