The Nifty 50 started Thursday's session on a positive note and touched an intraday high of 24,134.70 in early trade. This level marked nearly a 61.8% retracement of the previous day's decline. However, the index failed to sustain at higher levels and gave up more than 150 points from the day's high in the second half of the session. Despite this late weakness, the index ended higher by 80.75 points, or 0.34%, and snapped its two-day losing streak. However, the close below the psychological 24,000 mark kept the recovery muted. Nifty Forms Inside Candle Thursday's price action resulted in the formation of an inside candle. This came after the previous session recorded the widest single-day range in over one month. The latest candle had a small green body and a long upper shadow, which indicates hesitation at higher levels. This suggests that while buying interest emerged after the recent decline, traders were not confident enough to carry positions aggressively. ...
Upholding the order of a trial court, the Orissa High Court on Wednesday sentenced a man to 20 years of imprisonment for repeatedly raping her sister and impregnating her when she was 14.
Rejecting the appeal of the convict, Justice S K Sahoo also slapped a fine of Rs 40,000 on him. In default, the convict shall undergo rigorous imprisonment for another two years.
The judge lamented that he had to adjudicate such a case on the day of Raksha Bandhan.
"It is both shocking as well as ironical to hear this case and render judgment on an auspicious day when a brother takes the solemn pledge not only to protect his sister but also to nurture her till his last breath," Justice Sahoo observed.
The man was earlier convicted by the Malkangiri special judge's court for repeatedly raping his younger sister between May 2018 and May 2019 in their village.
He was also convicted in January 2020 for threatening his sister not to disclose it to others.
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from NDTV News- Special https://ift.tt/1fUQLHb
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