Sensex Jumps Up 591 Points, Realty And Banking Stocks Shine

Alongside the drones, BSF troops also seized a total of 15.832 kg of heroin.

"In the past week, the alert troops of @BSF_Punjab intercepted and recovered ten #Pakistani drones involved in smuggling narcotics into #India. Additionally, #BSF successfully seized 15.832 kg of heroin," the BSF stated in an official release.

All the intercepted drones were manufactured in China and used for cross-border smuggling operations.

"Notably, all the intercepted drones were manufactured in China and used for cross-border smuggling operations," the release stated.

Earlier, on Sunday, Border Security Force (BSF) troops in a joint operation with Punjab police recovered a made-in-China drone in Punjab's Tarn Taran district.

Based on information from the BSF intelligence wing about the presence of a drone in the border area of Tarn Taran district, a joint search operation was carried out in the suspected area. During the search operation, at about 02:00 pm, troops successfully recovered one drone from a harvested farming field adjacent to village Wan in Tarn Taran District, said BSF.

The recovered drone has been identified as a DJI Mavic 3 Classic manufactured in China. Reliable information and coordinated efforts of BSF and Punjab police successfully recovered yet another illicit drone from across the border, added the release. (ANI)

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He will assume his new appointment on October 15 (Tuesday).

He is presently officiating as the Director General after the demise of his predecessor DG Rakesh Pal last month.

He has served the organisation in various capacities in ashore and afloat appointments with distinction over the past three decades.

The Flag Officer is an alumnus of the National Defence College, New Delhi and Defence Services Staff College, Wellington.

He has a professional history, studded with achievements and a proven track record of outstanding and meritorious performance in all assignments he has held.

The Flag Officer is specialised in Navigation and Direction and his sea commands include all major vessels of ICG which include Advanced Offshore Patrol Vessel Samar and Offshore Patrol Vessel Vishwast.

His key staff assignments include Dy Director General (Operations and Coastal Security), Principal Director (Operations) at the Coast Guard Headquarters, New Delhi and Chief Staff Officer (Operations) at the Coast Guard Regional Headquarters (East), Chennai.

The Flag Officer was at the helm of Coast Guard Region (East) and Coast Guard Region (West) and Coast Guard Commander (Eastern Seaboard) from July 23, 2018, to August 7, 2023, before assuming the Additional Director General Coast Guard.

The Flag Officer is a recipient of the President's Tatrakshak Medal for Distinguished Service, Tatrakshak Medal and was also awarded the Director General Coast Guard Commendation in 2012 and the FOCINC (East) Commendation in 2009. (ANI)

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The BSE Sensex closed at 81,973.05, rising 591.69 points or 0.73 per cent. NSE Nifty closed at 25,127.95 after rising 163.70 points or 0.66 per cent.

The Nifty Midcap 100 index closed in the green mark at 59,465.45 after rising 252.75 points or 0.43 per cent. The Nifty Smallcap 100 index closed at 26,197.90 after rising 143.80 points or 0.55 per cent.

Buying was seen in Nifty's realty, IT, financial services, private banks, auto, PSU banks, pharma, and FMCG sectors. At the same time, there was pressure on the media, metal, and oil and gas sectors.

The market trend remained positive.

On the BSE, 1,952 shares were trading in green and 1,919 shares in red. About 140 shares closed without any change.

Wipro, Tech Mahindra, HDFC Life, L&T, and HDFC Bank were among the top gainers of Nifty. ONGC, Maruti Suzuki, Tata Steel, and Bajaj Finance were the top losers.

Foreign Institutional Investors (FIIs) increased their selling October 11 and sold equities worth Rs 4,162.66 crore. On the other hand, domestic institutional investors (DIIs) also increased their buying and they bought equities worth Rs 3,730.87 crore on the same day.

According to market experts, optimism around potential RBI rate cuts, driven by strong domestic tax collections, further boosted sentiment. Investors are closely monitoring upcoming earnings reports from major companies, including Infosys, and the highly-anticipated Hyundai Motor India IPO.

"Globally, the focus remains on the third-quarter earnings season and the upcoming European Central Bank rate decision, with US stock futures and European shares edging higher," said Vikram Kasat from Prabhudas Lilladher.

Trade analysts said that on the daily charts, "we can observe that the Nifty has resumed its up-move towards 25,500 after a brief three-day consolidation".

(IANS)

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