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Nifty, Sensex Erase Weekly Losses With Just Friday's Rally On Hopes Of US-Iran Peal Deal

Benchmark indices ended sharply higher, reversing earlier losses for the week on the back of strong Friday gains. The NSE Nifty 50 rose 1.99% to close at 23,622.90, up 461.30 points. The BSE Sensex climbed 2.30% to 75,527.95, gaining 1,695.40 points. Both indices turned positive for the week, with Nifty and Sensex ending higher after earlier declines between Monday and Thursday. The rebound came after optimism around a potential US-Iran deal lifted sentiment across global markets and eased risk concerns. Meanwhile, crude prices declined in early Asia trading on Friday after US President Donald Trump said Washington and Tehran had reached a framework agreement, raising hopes of easing tensions in the Middle East. WTI crude futures for July delivery dropped 1.65% to $86.26 per barrel. Brent crude fell 4.6% to $86.3 per barrel. The slump in crude oil prices came after a draft memorandum between the US and Iran includes provisions to ease tensions and restore energy flows, a...

Gang Members Throw Bombs To Celebrate Birthday, Paraded Through Same Market

The police paraded them through the very market where they fired gun shots, threw down bombs in a busy market to celebrate the birthday of their gang leader in Uttar Pradesh, showed a video.

The incident, which was reported from the Lal Bangla area of Kanpur, took place on Wednesday.

CCTV footage helped zero in on the suspects and the police arrested three people.

The three arrested have been identified as Sahil (18), Debu Kumar Valmiki (27), and Razjulla (23).

The video showed that the men, surrounded by cops, were taken around the same busy market to restore confidence among the people.

A senior police officer assured that under no circumstances will the social peace be allowed to be disturbed.

"The police is keeping an eye on some of the associates of the three accused who have been arrested now and appropriate action will be taken against them," said the senior police officer.

(With inputs from Arun Agarwal)
 



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