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FIR against 92 teachers in UP for using fake documents to get job

An FIR has been registered in Uttar Pradesh s Balrampur district against 92 government teachers for allegedly submitting forged educational certificates to get the job. The FIR was lodged at the Kotwali police station in Balrampur under the charges of dishonesty and fraudulently using genuine documents. The fraud was detected during a probe by the Uttar Pradesh Special Task Force (upstf). Circle Officer Varun Mishra said that the FIR was filed on the basis of a complaint of the basic education officer Ramchandra. Mishra said the teachers had been working since 2010 in the district. They had procured the marksheets of candidates who had qualified but were working in some other district.

NMDC rises after decent production, offtake in March

Shares of NMDC rose 0.61% to Rs 139.25 after the state-owned miner s iron ore sales climbed 51.11% to 4.08 million tonnes (MT) in March 2021 from 2.70 MT in March 2020.NMDC s iron ore production jumped 65.57% to 4.57 million tonnes (MT) in March 2021 from 2.76 MT in March 2020. Sequentially, NMDC s production rose 18.39% while sales rose 25.54% in March 2021 over February 2021. Meanwhile, the PSU mining company on Saturday announced an increase in lump ore prices by Rs 500, or 9.35%, to Rs 5,850 per tonne on 3 April 2021 from Rs 5,350 per tonne set on 21 March 2021. Prices of fines were hiked by Rs 250, or 5.8%, to Rs 4560 per tonne on 3 April 2021 from Rs 4,310 per tonne set on 21 March 2021.

Sensex, Nifty end with steep losses; IT stocks shine

The domestic equity benchmarks ended with significant cuts on Monday, led by weakness in banks and financial shares. After the hitting the day s low of 14,459.50 in mid-morning trade, the Nifty pared losses and closed above the 14,600 mark. IT and metal stocks bucked the broader selloff. A spike in domestic coronavirus cases and fresh curbs imposed by the state government dented investors sentiment. As per provisional closing data, the barometer index, the S&P BSE Sensex, slumped 870.51 points or 1.74% to 49,159.32. The Nifty 50 index tumbled 229.55 points or 1.54% to 14,637.80. In broader market, the S&P BSE Mid-Cap index slipped 1.13% while the S&P BSE Small-Cap index declined 1.08%.

Market may open lower

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 82 points at the opening bell. In the wake of rising COVID-19 cases in Maharashtra, Uddhav Thackeray-led state government on April 4 imposed new curbs to control the transmission rate of the contagion. Maharashtra will be put under night curfew from 8 pm to 7 am from April 5. Global markets: Overseas, shares in Japan nudged higher on Monday as investors cheered a strong bounce in U.S. job growth last month amid accelerating vaccine rollout. Markets in Australia, mainland China and Hong Kong are closed today for holidays.

IndusInd Bank Ltd Slips 3 16%, S&P BSE BANKEX index Shed 2 03%

IndusInd Bank Ltd has lost 7.48% over last one month compared to 5.61% fall in S&P BSE BANKEX index and 1.56% drop in the SENSEX IndusInd Bank Ltd fell 3.16% today to trade at Rs 962. The S&P BSE BANKEX index is down 2.03% to quote at 37464.35. The index is down 5.61 % over last one month. Among the other constituents of the index, Federal Bank Ltd decreased 2.47% and Axis Bank Ltd lost 2.4% on the day. The S&P BSE BANKEX index went up 89.66 % over last one year compared to the 79.84% surge in benchmark SENSEX. IndusInd Bank Ltd has lost 7.48% over last one month compared to 5.61% fall in S&P BSE BANKEX index and 1.56% drop in the SENSEX. On the BSE, 66037 shares were traded in the counter so far compared with average daily volumes of 3.32 lakh shares in the past one month. The stock hit a record high of Rs 1119.2 on 25 Feb 2021. The stock hit a 52-week low of Rs 310.4 on 03 Apr 2020.

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