Indian equities on Friday (Nov 14) opened strongly on account of strong worldwide signals and a sharp drop in weekly inflationary numbers.

However, the BSE Sensex shed most of its earlier gains amid choppy trades due to heavy profit booking seen across blue chip stocks.

Doubts regarding the success of different bailout packages declared by governments across the globe and lack of participation by institutional investors contributed to the market’s fall despite a fairly bright start this morning.

Three top VHP leaders of Gujarat were grilled by Gandhnagar police for sending defamatory mobile messages in the name of Chief Minister Narendra Modi and his government.

They are State general secretary Kaushik Mehta, Rajesh Shastri and Jagdish Dwivedi. They were grilled for over three hours.

Ashwin Patel is already in police custody. He was arrested on October 27. Police investigations revealed that the messages were sent from his mobile number.

"It was an attempt by the Modi government to harass the VHP leaders and humiliate Hindus," said Mehta after appearing before the police.

But the police denied such allegations saying that there was no question of anyone being harassed.