Updated On: 25 June, 2025 10:42 AM IST | Mumbai | mid-day online correspondent
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Mohammad Usmani (left) was arrested after Shahbaaz Shaikh aka Shabby (right) was questioned by the Oshiwara police
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Benchmark indices Sensex and Nifty surged in early trade on Wednesday mirroring a rally in global markets amid signs of easing tensions in the Middle East following a ceasefire between Iran and Israel. The 30-share BSE Sensex jumped 426.79 points to 82,481.90 in early trade. The 50-share NSE Nifty climbed 123.25 points to 25,167.60.
The Oshiwara police have arrested two high-profile drug peddlers from the western suburbs and seized a commercial quantity of mephedrone, popularly known as ‘Meow Meow’. The accused have been identified as Shahbaaz Shaikh alias ‘Shabby’, 24, and Mohammad Abdul Qadir Usmani, 20. Police suspect the duo supplied drugs to several high-profile residents living in elite Lokhandwala towers. “More arrests are likely,” an officer privy to the investigation told mid-day. Read more.