Indian equity markets could remain range-bound in Tuesday's session as the Nifty faces a crucial resistance zone around 23,520-23,550 amid persistent geopolitical uncertainty and elevated energy prices. This comes as GIFT Nifty rises 0.34% to 23,519.50 after Brent crude fell below $100. According to Sudeep Shah, Head - Technical and Derivatives Research at SBI Securities, the 23,520-23,550 zone is likely to act as an important resistance area for the Nifty in the near term. "A sustained move above 23,550 could extend the ongoing pullback rally towards the 23,700 mark in the short term," Shah said. On the downside, the 23,330-23,300 zone is expected to provide crucial support. Shah said a breach below 23,300 could weaken the near-term structure and potentially result in the index resuming its corrective trend. Market participants are also keeping a close watch on crude oil prices and geopolitical developments, which could influence the sustainability of the recent re...
Football fans across Maharashtra will be able to watch the FIFA World Cup 2026 final at restaurants, cafés and hotels without worrying about closing hours after the state government granted a one-time extension of operating hours until 4:00 AM on Monday, July 20.
The relaxation, issued by the Maharashtra Home Department under Section 33 of the Maharashtra Police Act, 1951, follows a request from the National Restaurant Association of India (NRAI), Mumbai, seeking permission for hospitality establishments to remain open for live screenings of the tournament finale.
The order applies to licensed eateries, hotels and restaurants across the state and is valid only for the FIFA World Cup final.
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According to the government order, establishments must deploy adequate private security personnel inside and outside their premises and ensure that the extended operating hours do not lead to any law-and-order issues or public nuisance.
The order also bars illegal activities, obscene acts, loud music or any behaviour that could inconvenience the public. Restaurant managements will be responsible for ensuring compliance with all applicable laws and conditions.
The Maharashtra government said all existing rules governing licensed establishments will continue to remain in force. Any violation of the law or breach of public peace could invite legal action, including withdrawal of the relaxation.
The order further authorises District Magistrates and Police Commissioners to impose additional restrictions or revoke the extended timings depending on local law-and-order requirements and prevailing conditions.
The decision comes after the National Restaurant Association of India (NRAI), Mumbai, in a letter dated July 19, requested permission for restaurants, hotels and eateries to remain open beyond their usual closing hours so fans could watch the FIFA World Cup 2026 final.
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According to media reports, Delhi, Telangana, Karnataka (Bengaluru) and Assam have also extended the operating hours of restaurants, cafés and bars to facilitate live screenings of the FIFA World Cup final.
PTI reported that Kerala has declared a holiday on Monday for all schools, colleges and higher educational institutions to allow students to watch the FIFA World Cup final. The decision was taken after the state government received requests from students, many of whom wanted to stay up to watch Sunday's late-night final between Argentina and Spain.
from NDTV News- Special https://ift.tt/a0DIeTU
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