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20 rebels in plot to attack stock exchange arrested in Kashmir

SRINAGAR, Tuesday (AFP)

Police in Indian Kashmir said Tuesday they had arrested 20 Islamic militants who had been planning a series of attacks, including one on India's main stock exchange in Bombay.

Kashmir's police chief Gopal Sharma said the men were linked to a group of four people gunned down in India's western state of Gujarat earlier this month who police alleged were members of the hardline militant group Lashkar-e-Taiba.

"The militants were planning an attack on the Bombay stock exchange," he said, adding that the arrests had broken the back of a Lashkar network which had been operating in Srinagar, the Kashmiri summer capital, for the past two years.

He said the network had been working under two Pakistani commanders and had been involved in planning suicide attacks, explosions and killings. "This group was planning some high-profile actions in the city of Srinagar as well as in Bombay, Pune and Delhi," Sharma said.

"They were planning to assassinate some top political leaders and police officials," he added.

Sharma said the rebels had been linked to at least six suicide attacks, including one near the home of Kashmir Chief Minister Mufti Mohammed Sayeed.

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