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Reference #18.4d560e17.1778481935.120d23eb
https://errors.edgesuite.net/18.4d560e17.1778481935.120d23eb
Ballia News: There has been a sensation in the area after Ballia’s name was linked to the murder case of the personal assistant (PA) of West Bengal’s famous Shubhendu Adhikari. In this case, Bengal Police arrested Ballia resident Raj Singh late on Sunday night. It is being told that the accused was caught from Ayodhya when he was returning from a wedding ceremony organized in Lucknow.
According to sources, Bengal Police was keeping an eye on the activities of Raj Singh for several days. Late on Sunday night, the police team caught him in Ayodhya and took him for questioning. As soon as the information about the arrest was received, a round of discussions started in Anand Nagar locality of Sadar Kotwali area of Ballia. Let us tell you that Raj Singh, who calls himself a social worker, has also contested the election of councilor from ward number 15 of the district.

File pic: Sectors directly tied to the PM’s austerity call — petroleum, chemical fertilisers, gold, air travel, hotels and related industries — would face sentiment pressure, while ‘pharmaceuticals, which will not be impacted in any manner, will remain resilient’, a market player said | Photo Credit: Swapan Mahapatra
Markets opened sharply lower on Monday morning as a fresh flare-up in US-Iran tensions sent crude oil prices surging and rattled investor sentiment, dragging the BSE Sensex down 921 points and the Nifty 50 below the 24,000 mark.
The Sensex, which closed Friday at 77,328.19, opened at 76,638.09 and was trading at 76,407.18 — down 921.01 points or 1.19 per cent — as of 9.20 am. The Nifty 50, which had closed at 24,176.15, opened at 23,970.10 and slipped further to 23,900.45, losing 275.70 points or 1.14 per cent.
The sell-off was triggered after US President Donald Trump reportedly dismissed Iran’s response to the latest peace proposal as “totally unacceptable,” dashing hopes of a diplomatic resolution and sending Brent crude spiking close to $101 a barrel.
Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments Ltd, flagged a second domestic pressure point: “PM Modi’s appeal to the nation to curb the consumption of petrol/diesel, gold, chemical fertilisers and edible oil and refrain from avoidable foreign travel is a crisis management response to the current account deficit problem caused by high crude prices. This call for austerity has slightly negative implications for economic growth in FY27.”
Vijayakumar warned that sectors directly tied to that austerity call — petroleum, chemical fertilisers, gold, air travel, hotels and related industries — would face sentiment pressure, while “pharmaceuticals, which will not be impacted in any manner, will remain resilient.”
Also read: SBI research estimates Q4 FY26 growth at 7.2%
Among Nifty 50 stocks, the biggest gainer in early trade was Tata Consumer Productsup 3.81 per cent to ₹1,221.00 from its previous close of ₹1,176.20. Max Healthcare rose 0.43 per cent to ₹1,016.85, Sun Pharma added 0.24 per cent to ₹1,852.40, HCL Technologies edged up 0.21 per cent to ₹1,200.90, and Tech Mahindra gained a marginal 0.09 per cent to ₹1,464.30.
The losers’ board told a harsher story. Titan Company fell 5.09 per cent to ₹4,279.30 from its previous close of ₹4,509.00, the steepest drop among blue-chips, directly in the line of fire from the government’s advisory against gold purchases. IndiGo slid 3.74 per cent to ₹4,353.70, consistent with broader aviation sector pressure as jet fuel costs mount. State Bank of India dropped 3.30 per cent to ₹985.70, extending last week’s slide after weak net interest margin data. Mahindra & Mahindra shed 3.01 per cent to ₹3,230.00, and Shriram Financee declined 2.50 per cent to ₹982.60.
The banking sector was among the hardest hit. Rajesh Palviya, Head of Research at Axis Direct, noted that the Nifty shed 150 points Friday “dragged by a 7 per cent slide in SBI after weak NIMs and renewed US–Iran flare-ups.”
He pointed out that while Wall Street closed at fresh records — the S&P 500 adding 0.8 per cent and the Nasdaq surging 1.7 per cent on an upbeat April jobs report and a chip-led rally — Asian cues were mixed, with the Kospi up 3.7 per cent on SK Hynix but Hang Seng futures and US index futures softer. “GIFT Nifty (–117 points) suggests a negative start,” he said, adding, “one needs to adopt a stock-specific selective approach to play at this moment as earning season is going on.”
GIFT Nifty had indicated a gap-down, trading at 24,050, down around 188 points ahead of the open, according to Aakash Shah, Technical Research Analyst at Choice Equity Broking. “Indian equity markets are expected to open on a cautious negative note,” Shah said, noting that Nifty’s failure to sustain above the 50 per cent Fibonacci retracement level and the 50-day EMA last week reflected underlying caution.
Technically, analysts see 24,000 as the floor bulls must defend. Shrikant Chouhan, Head of Equity Research at Kotak Securities, said “24,000 or the 50-day Simple Moving Average” for Nifty and 76,500 for the Sensex are critical support zones. A break below those levels, he cautioned, could drag the Nifty towards 23,800 and then 23,600.
Gaurav Udani, Founder of Thincredblu Securities, urged restraint: “Traders should avoid aggressive positions at the open and focus on confirmation near support or resistance before initiating fresh trades.”
Globally, the Fed flagged Iran war-driven oil price shock as the top financial stability risk. South Korea’s inflation accelerated to its fastest pace in nearly two years on rising energy costs, while Indonesia’s GDP growth hit a three-year high but analysts warned prolonged Middle East tensions could hurt momentum. Russia, meanwhile, benefited from elevated oil revenues, and Saudi Arabia’s Aramco profits were boosted by the oil windfall.
Gold traded at $4,730, silver at $80 and copper at $6.23 per pound. The India VIX rebounded 1.32 per cent to 16.84 after declining for four straight sessions, reflecting re-emerging caution in options markets. The Nifty Put-Call Ratio slipped to 0.93 from 1.08 in the previous session, signaling reduced confidence among traders.
Foreign institutional investor activity will remain a key variable to watch through the session, with FIIs having been net sellers in recent days. Ponmudi R, CEO of Enrich Money, a SEBI-registered trading and wealth-tech firm, noted that “institutional flows, rupee movement and sectoral participation — particularly within banking and energy-linked stocks — are expected to remain key drivers of market direction.”
Published on May 11, 2026
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Former Jharkhand Rural Development Minister Alamgir Alam, arrested in the tender commission scam case, has got a big relief from the Supreme Court. After being in jail for almost two years, he will now be able to come out. Supreme Court Justice M.M. Sundareshwar and Justice N. Kotishwar Singh’s bench accepted his bail plea.
PM Modi took part in a road show after reaching Gujarat on Monday. Earlier he had paid tribute to Sardar Patel. Later he was welcomed at the Somnath Amrit Mahotsav and offered prayers at the temple and participated in the Kumbhabhishek, in which water from 11 pilgrimages was used.
The way of highway travel in the capital is now going to change. Long queues at toll plazas, waiting for barriers to open and crawling speed of vehicles are slowly going to end. Barrier-less Multi Lane Free Flow (MLFF) toll system was started for the first time in Delhi-NCR on Monday. With this, vehicles will be able to pass directly through the toll plaza without stopping and the toll amount will be deducted automatically.
May 11 was a special day for Madhya Pradesh Wildlife. Two more leopards came out of their enclosure and reached the open forest. Now both will cooperate in strengthening the eco-system of the state as well as other states. Actually, Chief Minister Dr. Mohan Yadav reached Kuno National Park located in Sheopur district. Here he freed two female leopards from the enclosure. As soon as they came out of the enclosure, both the leopards went towards the forest jumping.

Source: Company website | Photo Credit: BL companies
Tata Consumer Products The stock jumped as much as 6.6% to its highest level in over two years on Monday, with analysts backing the Tetley tea maker’s double-digit revenue expansion view in fiscal year 2027.
Shares of the Tata Group firm were up 3.9% at ₹1,221.9 as of 11:00 am IST, making it the top percentage gainer on the Nifty FMCG index, which was down 0.1%. Tata Consumer was among 10 stocks trading in the green on the benchmark Nifty 50 index, which was down 1.2% after Prime Minister Narendra Modi urged Indians to conserve fuel, curb gold purchases and limit overseas travel amid a spike in energy prices linked to the Iran conflict.
The stock was rated “buy” on average by 26 analysts with a median price target of ₹1,315, according to data compiled by LSEG. On Friday, the Tata Salt maker beat quarterly profit estimates for the quarter ended March 31.
CLSA expects the growth trajectory to persist, supported by a stronger go-to-market strategy, faster growth in emerging channels such as e-commerce and quick commerce, which now account for 34% of India revenue, and continued product innovation. Analysts at BoB Capital said they remain constructive on Tata Consumer’s medium-term outlook, expecting the company to deliver sales, EBITDA and earnings compound growth of about 10%, 14% and 18%, respectively, over fiscal 2026–29.
Tata Consumer delivered a broad-based beat, with strong volume-led growth across India beverages and foods, while management guided for further margin expansion, helped by easing tea costs and improving portfolio mix, analysts at Systematix said.
Published on May 11, 2026
Iran rejected America’s 14-point proposal and sent a new draft proposal to Washington. Although, US President Donald Trump Rejected Iran’s new draft outright. At the same time, Iran’s Embassy in India has expressed its reaction on the statement of the US President.
The Iranian Embassy wrote on the social media platform X, ‘Details of Iran’s response to the US plan, which the US President called ‘not acceptable’. Iran’s proposal, presented in response to America’s plan, emphasizes the fundamental rights of the Iranian country. Iran has rejected America’s plan. If Iran accepted the proposal, it would mean that Tehran bows to Trump’s excessive demands.
The Iranian Embassy further said, ‘Iran’s plan emphasizes that it is necessary to pay war reparations to America and ensures Iran’s sovereignty over the Strait of Hormuz. Iran has stressed the need to end the ban and release the country’s seized assets and properties.
Also read:- When America rejected Iran’s proposal, Tehran got angry, said – ‘To please Trump…’
At the same time, the Iranian Embassy in Ghana took a dig at Trump’s statement and said that the US President claims that he has ‘read’ something, while the reality is that the basic essence of that material still remains a mystery to him. Despite this, she is sure that he did not like her. It is being said that Trump only wants to attract global attention. White House insiders have also confirmed that his entire tenure has been nothing more than a ‘multi-billion dollar therapy session’, a treatment he never received during his childhood days.
Also read:- When Iran rejected America’s peace proposal, Donald Trump got angry and said – ‘For 47 years…’
In fact, Proposals sent from Iran Regarding this, the US President had posted on Truth Social that I have just read the reply of the so-called ‘representatives’ of Iran. I didn’t like it, absolutely not acceptable! Iran’s state broadcaster IRIB said on its Telegram channel that America’s plan means Iran’s surrender to Trump’s greed and Tehran’s response emphasizes Iran’s basic rights.
Along with this, Iran’s new proposal also emphasizes the need for war compensation by America and Iran’s sovereignty over the Strait of Hormuz. It also emphasizes the need to end the sanctions and return the seized money and assets of the country.