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The Aam Aadmi Party's Rajya Sabha MP Sanjay Singh was released from Tihar jail on Wednesday after the procession of his bail order was completed. This is a time for struggle and our jailed leaders will also come out soon, said the Rajya Sabha MP after walking out of jail."This is the time to struggle. The biggest leaders of our party (AAP) - Arvind Kejriwal, Manish Sisodia and Satyendar Jain - have been kept behind the bars. I am confident that one day the locks of this prison will be broken and they will come out. This is why I want to say that this is not the time to celebrate, this is the time to struggle."The Supreme Court on Tuesday granted him bail in a money laundering case related to the Delhi excise policy scam after the Enforcement Directorate said it had no objections.Counsel for Sanjay Singh stated that the appellant Sanjay Singh will not make any comment about his role in the present case.— ANI (@ANI) A three-bench led by Justice Sanjiv Khanna directed to release of Sanjay Singh on bail during the pendency of proceedings in a money laundering case relating to excise policy irregularities.Beside Justice Khanna, other judges on the bench were Justices Dipankar Datta and Prasanna Bhalachandra Varale.Additional Solicitor General SV Raju appearing for the respondent Directorate of Enforcement stated that the probe agency has no objection in case the appellant -Sanjay Singh is released on bail during the pendency of the proceedings.The ED response came after the court sought to know from the investigating agency whether it needed further custody of AAP leader Sanjay Singh in the excise policy case."Given the statement made, we allow the present appeal and direct that the appellant - Sanjay Singh will be released on bail during the pendency of the aforesaid proceedings, on terms and conditions to be fixed by the trial Court," the top court said."We clarify that the concession given in the Court today would not be treated as a precedent. We also clarify that we have not made any comments on the merits of the case," the top court added.The court observed that Sanjay Singh had spent six months in jail.The top court was hearing AAP leader Sanjay Singh's plea against the Delhi High Court order refusing to grant him bail in the excise policy irregularities case.Aam Aadmi Party leader Sanjay Singh has approached the Supreme Court against the Delhi High Court order refusing to grant him bail in connection with an excise policy irregularities case.In his bail plea, Sanjay Singh has challenged the Delhi High Court order dated February 7, 2024. Sanjay Singh moved to the High Court when, on December 22, 2023, the trial court dismissed his bail.Sanjay Singh was arrested by the Enforcement Directorate on October 4, 2023, in the case.According to ED, Sanjay Singh was alleged to be involved in creating a special purpose vehicle to launder the proceeds of crime that would have been generated from the business arising out of the policy changes as conspired by him and his co-conspirators.ED also stated that Sanjay Singh has had certain confidential documents about the investigation of this case that are not in the public domain.Sanjay Singh in the Delhi High Court denied charges

MUMBAI - The National Stock Exchange (NSE) of India will launch four new indices in the cash and futures and options segments with effect from April 8. The exchange has proposed online dissemination of indices namely, Nifty Tata Group 25% Cap, Nifty500 Multicap India Manufacturing 50:30:20, Nifty500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare, according to a circular issued by NSE earlier today. These indices will be available on the trading system in both capital markets and the derivatives segments. The Nifty Tata Group 25% Cap index consists of 10 companies, and is based on the free float market capitalisation method, NSE said. <iframe title="Nifty Tata Group 25% Cap Index Constituents " aria-label="Table" id="datawrapper-chart-ERaa4" src="https://et-infographics.indiatimes.com/graphs/ERaa4/1/" scrolling="no" frameborder="0" style="width: 0; min-width: 100% !important; border: none;" height="404" data-external="1"></iframe><script type="text/javascript">!function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data["datawrapper-height"][t]+"px";e[r].style.height=i}}}))}();</script>The Nifty500 Multicap India Manufacturing 50:30:20 Index will track the performance of select largecap, midcap, and smallcap stocks from the Nifty 500 index that represent the manufacturing theme. The index will have 75 constituents and the weight of the stocks is based on each stock’s free-float market cap, with overall weight to the largecap segment fixed at 50%, for the midcap segment at 30%, and smallcap segment at 20%. The top 10 constituents of this index by weight are Reliance Industries, Sun Pharmaceutical Industries, Tata Motors, Maruti Suzuki India, Mahindra & Mahindra, Tata Steel, Bajaj Auto, Hindalco Industries, JSW Steel, and Cipla. Similarly, the Nifty500 Multicap Infrastructure 50:30:20 Index will track the performance of select largecap, midcap, and smallcap stocks from the Nifty 500 index that represent the infrastructure theme. This index too, will have 75 constituents, and the weight of the stocks is based on each stock’s free-float market capitalization, with overall weight to the largecap segment fixed at 50%, for the midcap segment at 30%, and the smallcap segment at 20%. The top 10 constituents of this index by weight are Larsen & Toubro, RIL, Bharti Airtel, NTPC, Max Healthcare, Power Grid Corp, UltraTech Cement, Indian Hotels, ONGC, and Adani Ports and SEZ. L&T has the highest weight at 10.35%, while Adani Ports has a weight of 2.29%.The Nifty MidSmall Healthcare will track the performance of the midcap and smallcap stocks within the healthcare sector. The index includes upto 30 stocks selected from Nifty MidSmallcap 400 index based on the stock’s six-month average free-float market capitalization.

Indian market recouped morning losses and closed flat on Wednesday with a negative bias. The S&P BSE Sensex was down 27 points while the Nifty50 held on to 22400 levels.Sectorally, buying was seen in utilities, power, public sector and IT stocks while selling was seen in realty, auto, and FMCG.Stocks that were in focus include names like Cochin Shipyard which rose nearly 9% to hit a fresh record high, Adani Power which gained 5% and Nalco which closed with gains of over 5% to hit a fresh record high on Wednesday.We have collated a list of three stocks that either hit a fresh 52-week high, or an all-time high or saw a volume or a price breakout.We spoke to an analyst on how one should look at these stocks the next trading day entirely from an educational point of view.Here’s what analyst Priyanka Limaye (CA, CMT) has to say:Cochin ShipyardThis stock has been in a good bull run since November 2023. After undergoing consolidation of almost 8-10 weeks, the stock was comfortably holding above 20-day EMA on a weekly basis.The Relative Strength Index (RSI) is trading in an extremely bullish zone. The stock gave a good break out above 940-950 zone, which was acting as resistance earlier.This week, volumes are pretty good, and the stock is expected to test Rs 1,150 and Rs 1,250 in the short term.109008668Adani PowerThe stock has given a breakout above its earlier high of Rs 432.50 in November 2023. Since then, it has been consolidating in the 485-585 range for almost 4 months.It has now given a breakout above 590 levels and the RSI has entered an extremely bullish zone on the daily time frame. Levels of 560-590 are likely to act as support zones. The stock can reach new heights of 830-900 zone.109008659National Aluminium Company (Nalco)The stock had been consolidating in a range of 139-169 for almost a month and has now given a breakout above 169 levels with good volumes confirming the breakout.With RSI entering the bullish zone and MACD crossing above zero, the stock is expected to test 200 level in a short span. A stop loss can be placed below Rs150 on a closing basis.109008635(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of the Economic Times)