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Anti-Modi alliance sweeps local polls in held Kashmir - Newspaper

Anti-Modi alliance sweeps local polls in held Kashmir - Newspaper
dawn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dawn.com Daily Mail and Mail on Sunday newspapers.

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Benchmarks extend gains; India VIX down 1.10%


Benchmark indices further extended gains and hit the day s high in early afternoon trade. At 12:20 IST, the barometer index, the S&P BSE Sensex, rallied 263.21 points or 0.57% at 46,269.90. The Nifty 50 index advanced 80.95 points or 0.60% at 13,547.25.
In the broader market, the S&P BSE Mid-Cap index gained 1.47% while the S&P BSE Small-Cap index added 2.19%.
The market breadth was strong. On the BSE, 2,083 shares rose and 643 shares fell. A total of 146 shares were unchanged.
Derivatives:
The NSE s India VIX, a gauge of market s expectation of volatility over the near term, fell 1.10% to 21.7425. The Nifty December 2020 futures were trading at 13,551.10, at a premium of 14.75 points compared with the spot at 13,536.35. ....

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Nifty holds firm above 13,500 mark


Barometers were trading near the day s high in afternoon trade. At 13:20 IST, the barometer index, the S&P BSE Sensex, jumped 263.73 points or 0.57% at 46,270.42. The Nifty 50 index gained 75.40 points or 0.56% at 13,541.70.
The broader market rallied. The S&P BSE Mid-Cap index advanced 1.42%. The S&P BSE Small-Cap index rallied 2.06%.
Buyers outpaced sellers. On the BSE, 2,112 shares rose and 681 shares fell. A total of 161 shares were unchanged. In Nifty 50 index, 30 stocks advanced while 20 stocks declined.
Foreign portfolio investors (FPIs) bought shares worth Rs 1,153 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 661.51 crore in the Indian equity market on 22 December 2020, provisional data showed. ....

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Sensex ends 437 pts higher, Nifty above 13,600; IT stocks extend rally


Key domestic indices ended with strong gains on Wednesday, supported by rally in IT stocks. The Nifty closed above the crucial 13,600 mark. All the sectoral indices on the NSE ended in the green. Positive global cues boosted sentiment.
The BSE Sensex rallied 437.49 points or 0.95% to 46,444.18. The Nifty 50 index added 134.80 points or 1% to 13,601.10.
Hindustan Unilever (up 2.67%), ITC (up 2.14%) and Reliance Industries (up 0.37%) advanced.
The broader market rallied. The BSE Mid-Cap index rose 2.40% and the BSE Small-Cap index gained 2.65%.
Buyers outpaced sellers. On the BSE, 2,296 shares rose and 650 shares fell. A total of 151 shares were unchanged.
COVID-19:
Total COVID-19 confirmed cases worldwide stood at 7,80,18,199 with 17,17,124 deaths. India reported 2,89,240 active cases of COVID-19 infection and 1,46,444 deaths while 96,63,382 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of ....

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Opinion | A victory, both for democracy and the people of Kashmir


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Opinion | A victory, both for democracy and the people of Kashmir
In the first major electoral exercise conducted in Jammu and Kashmir since the nullification of Article 370 on August 5 last year, the people of Kashmir passed a significant test to tell the world that democracy is thriving in the Valley. While the BJP emerged as the single largest party in the first-ever District Development Council elections in many districts of Jammu region, it made significant inroads for the first time in history in the Valley.
 
The People’s Alliance for Gupkar Declaration called the Gupkar Alliance consisting of seven parties including Farooq Abdullah’s National Conference and Mehbooba Mufti’s People’s Democratic Party, gained a significant lead in the valley, with a large number of independents holding the key to the councils. ....

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