market watch

Sensex climbs up 255 points to close at record high, Nifty breaks 9650-mark

Tata Steel, Adani Ports, and Hindalco gained the most on both indices.

The Bombay Stock Exchange Sensex on Monday closed 255.17 points up at a record high of 31311.57, while the Nifty ended 69.50 points higher at 9657.55. The market’s mood got lifted after the Bharatiya Janata Party announced Bihar Governor and Dalit leader Ram Nath Kovind as its presidential nominee.

Besides, banking stocks gained after the Reserve Bank of India asked banks to start bankruptcy process against 12 large loan defaulters. Around 12 loan defaulters had been identified by the RBI last week, but their names were not publicised. “There is a general feeling that non-performing asset (NPA) levels will come down after the RBI order to resolve NPAs of the country,” RK Gupta, managing director at Taurus Asset Management, was quoted as saying by Mint.

In intra-day trade, the 30-share Sensex gained as much as 305 points to 31362.15. Auto, infrastructure, FMCG and PSU banks were the top gainers on the Nifty, while pharmaceuticals didn’t do too well. Among stocks, Tata Steel, Adani Ports, and Hindalco gained the most on both indices, while Infosys, Dr Reddy’s Laboratories, and Eicher Motors were the top losers.

European stocks too opened higher on Monday. Euro STOXX 50 and France’s CAC 40 was up 1% each, while Britain’s FTSE 100 rose 0.4%.

Earlier in the day, Asian markets also kicked off the week strongly. Japan’s Nikkei saw a two-week closing high. Australian and South Korean KOSPI also saw a gain of 0.3% to 0.7%. Chinese and Hong Kong stocks also jumped 1% and 1.2% respectively.

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Advice from an ex-robber on how to keep your home safe

Tips on a more hands-on approach of keeping your house secure.

Home, a space that is entirely ours, holds together our entire world. Where our children grow-up, parents grow old and we collect a lifetime of memories, home is a feeling as much as it’s a place. So, what do you do when your home is eyed by miscreants who prowl the neighbourhood night and day, plotting to break in? Here are a few pre-emptive measures you can take to make your home safe from burglars:

1. Get inside the mind of a burglar

Before I break the lock of a home, first I bolt the doors of the neighbouring homes. So that, even if someone hears some noise, they can’t come to help.

— Som Pashar, committed nearly 100 robberies.

Burglars study the neighbourhood to keep a check on the ins and outs of residents and target homes that can be easily accessed. Understanding how the mind of a burglar works might give insights that can be used to ward off such danger. For instance, burglars judge a house by its front doors. A house with a sturdy door, secured by an alarm system or an intimidating lock, doesn’t end up on the burglar’s target list. Upgrade the locks on your doors to the latest technology to leave a strong impression.

Here are the videos of 3 reformed robbers talking about their modus operandi and what discouraged them from robbing a house, to give you some ideas on reinforcing your home.


2. Survey your house from inside out to scout out weaknesses

Whether it’s a dodgy back door, a misaligned window in your parent’s room or the easily accessible balcony of your kid’s room, identify signs of weakness in your home and fix them. Any sign of neglect can give burglars the idea that the house can be easily robbed because of lax internal security.

3. Think like Kevin McCallister from Home Alone

You don’t need to plant intricate booby traps like the ones in the Home Alone movies, but try to stay one step ahead of thieves. Keep your car keys on your bed-stand in the night so that you can activate the car alarm in case of unwanted visitors. When out on a vacation, convince the burglars that the house is not empty by using smart light bulbs that can be remotely controlled and switched on at night. Make sure that your newspapers don’t pile up in front of the main-door (a clear indication that the house is empty).

4. Protect your home from the outside

Collaborate with your neighbours to increase the lighting around your house and on the street – a well-lit neighbourhood makes it difficult for burglars to get-away, deterring them from targeting the area. Make sure that the police verification of your hired help is done and that he/she is trustworthy.

While many of us take home security for granted, it’s important to be proactive to eliminate even the slight chance of a robbery. As the above videos show, robbers come up with ingenious ways to break in to homes. So, take their advice and invest in a good set of locks to protect your doors. Godrej Locks offer a range of innovative locks that are un-pickable and un-duplicable. To secure your house, see here.

The article was produced by the Scroll marketing team on behalf of Godrej Locks and not by the Scroll editorial team.