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Midday Market Update: Sensex, Nifty crack 1% amid FII selling; mid, small-caps defy gravity as retail money flows in

Midday Market Update: Sensex, Nifty crack 1% amid FII selling; mid, small-caps defy gravity as retail money flows in

The BSE Sensex nosedived over 1,000 points intraday to hit 81,336, while the Nifty 50 sank below the 24,650 mark, down more than 1 per cent. The fall comes a day after indices posted their best one-day gains in months, which experts attributed largely to short-covering and news-based momentum. Profit booking in large-cap stocks dragged…

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‘Sextortion’ scam linked to California teen’s suicide leads to 4 arrests in West Africa

‘Sextortion’ scam linked to California teen’s suicide leads to 4 arrests in West Africa

Three years after a California teen killed himself as a result of being “sextorted” online, authorities have arrested four men in Ivory Coast for their roles in an international scheme that targeted thousands of victims around the globe, according to the U.S. Department of Justice. Ivorian law enforcement arrested Alfred Kassi, Oumarou Ouedraogo, Moussa Diaby…

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