Mumbai, Sep 16: The Indian benchmark indices opened higher on Tuesday amid mixed global cues, as US Chief Negotiator Brendan Lynch arrived in India to resume trade negotiations between the two nations.

As of 9.25 am, the Sensex was up 184 points or 0.23 per cent at 81,970, and the Nifty was up 47 points or 0.19 per cent at 25,117.

The broadcap indices outperformed benchmark indices, as Nifty Midcap 100 inched up by 0.26 per cent, and the Nifty Small cap 100 moved up 0.70 per cent.

Kotak Mahindra, Axis Bank and Hero Motocorp were the top gainers on NSE Nifty 50 index. Titan Company, SBI Life Insurance, Asian Paints and Tata Consumer Products weighed on the Nifty 50 index.

Among sectoral indices, Nifty Media, the top gainer, jumped 1.08 per cent. Nifty Auto (up 0.65 per cent) and Nifty Oil and gas (up 0.57 per cent) were the other major gainers. Except Nifty FMCG and Nifty PSU Bank, which were marginally down, all other indices were in the green.

Analysts said that, from a technical standpoint, a sustained move above the 25,160 level could pave the way for a rally toward 25,250 and 25,500 zones. The immediate support lies at 25,000 and 24,900 zones.

“The bold reforms – both fiscal and monetary – implemented this year have started yielding results and is likely to gather momentum in near future. An India-US trade agreement without the penal tariffs can be a shot in the arm for markets,” said VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.

Major US indices ended firmly in the green zone overnight as the Nasdaq rose 0.94 per cent, the S&P 500 gained 0.47 per cent, and the Dow advanced 0.11 per cent.

Most of the Asian markets made strong gains during the morning session. While China’s Shanghai index dipped 0.1 per cent, and Shenzhen inched down 0.26 per cent, Japan’s Nikkei rose 0.54 per cent, while Hong Kong’s Hang Seng Index inched up 0.07 per cent. South Korea’s Kospi inched up 1.2 per cent.

The US markets are pricing in a 96.4 per cent probability of a 25-basis-point rate cut on September 17, with additional cuts expected through year-end.

On Monday, foreign institutional investors (FIIs) sold equities worth Rs 1,268 crore, while domestic institutional investors (DIIs) were net buyers of equities worth Rs 1,933 crore.

Mumbai: Twelve individuals from Mumbai and the Thane region, including two 17-year-old boys from Amravati and three women from Pune were booked under nine FIRs at Bandra police station on Sunday, the opening day of the week-long Bandra Fair that will continue till September 21. The suspects, aged between 17 and 35, are from Amravati, Pune, Nirmal Nagar (Bandra East), Santa Cruz and Ambivli in Thane district.

According to the police, the accused had travelled to the fair posing as devotees to steal mobile phones, gold chains and pickpocket worshippers. The Amravati teenagers were caught attempting to steal mobile phones, while the three Pune women who already have theft cases against them for incidents during the Dagdusheth Ganpati festival were nabbed while trying to steal gold ornaments.

Assistant Inspectors Vikram Patil and Bajrang Jagtap led a 35-member team from police stations between Bandra and Versova, working under the supervision of DCP-zone 9, Dikshit Gedam. Around 50,000 devotees visited the first day of the 300-year-old fair, which also marked the reopening of the restored Mount Mary Basilica.

Mumbai Police said they are developing strategies to counter organised thefts by criminals posing as devotees. In 2018, Bandra police had similarly arrested three women chain-snatchers from Chennai during the festival, for whom an interpreter was arranged as they spoke only Tamil.

Mumbai: The Maharashtra government’s decision to permit homoeopathic doctors to practise allopathy after completing a one-year pharmacology course has drawn sharp opposition from the state’s allopathic medical fraternity. Around 1.8 lakh allopathic doctors will observe a one-day statewide strike on September 18.

From September 17, the government will start separate registration of homoeopaths with the Maharashtra Medical Council (MMC), allowing those who have completed the CCMP course to practise modern (allopathic) medicine within a restricted scope.

In protest, the Indian Medical Association (IMA) has called for a one-day strike on September 18, with about 1.8 lakh allopathic doctors pledging support. All private hospitals and nursing homes will close their out-patient departments (OPDs) for new patients from 8 a.m. Thursday to 8 a.m. Friday, and private clinics will also remain shut. In-patient services and surgeries are expected to be affected.

Dr Santosh Kadam, president of IMA Maharashtra, said allowing homoeopathic doctors to practise allopathy after a short certification course “is playing with patients’ health.” Wrong medicines or misdiagnosis in emergencies could endanger lives, he warned. The resident doctors’ organisations of government and BMC medical colleges — Central MARD and BMC MARD — have also opposed the move.

The Federation of All India Medical Associations president Dr Akshay Dongardive warned that if the government does not roll back its decision, doctors will launch a nationwide agitation, even taking to the streets to alert the public about the risks.

The strike has also gained support from the Bombay Nursing Home Association, Maharashtra Senior Resident Doctors’ Association (MSRDA), the organisation of Medical Officers in Government Hospitals, Maharashtra Ophthalmological Society, and the Maharashtra unit of the Indian Academy of Paediatrics, among several other medical bodies.