Tag: run

  • Will run nationwide campaign to seek Rahul’s apology: BJP

    Will run nationwide campaign to seek Rahul’s apology: BJP

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    New Delhi: The Bharatiya Janata Party (BJP) on Thursday said it will run a nationwide campaign to seek Congress leader Rahul Gandhi’s apology over his remarks on the country’s democracy in London, if the Wayanad MP does not apologise.

    Speaking at a press conference, former Union minister and BJP leader Ravi Shankar Prasad said: “Rahul Gandhi has insulted India on foreign soil for which he should apologise. The BJP will run a campaign for his apology.”

    Prasad said that it has become Rahul Gandhi’s habit to insult the people of India and democracy on foreign soil. “How long will he mislead the country?” he questioned.

    He said Rahul Gandhi does not apologise, the BJP will run a campaign against him in which the Congress leader will be exposed.

    The BJP leader further said that “Rahul Gandhi has not expressed regret for his statement yet”.

    Addressing the former Congress president, Prasad said: “Your ego is not bigger than the country.”

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    #run #nationwide #campaign #seek #Rahuls #apology #BJP

    ( With inputs from www.siasat.com )

  • Govt not letting Parliament run to avoid Adani issue: Mallikarjun Kharge

    Govt not letting Parliament run to avoid Adani issue: Mallikarjun Kharge

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    New Delhi: Congress president Mallikarjun Kharge on Thursday accused the government of instigating the Opposition and not letting Parliament function to avoid a discussion on the Adani issue and its “failures”.

    He also reiterated that there is no question of an apology over Rahul Gandhi’s remarks in the UK.

    Gandhi’s remarks during his recent trip to the United Kingdom have rocked Parliament, with both Houses failing to transact any significant business on the first three days of the Budget session’s second half.

    “Is there untouchability or not, it is there, so if someone goes abroad that person will talk about it likewise democracy is being trampled upon, we were demonstrating peacefully yesterday, who stopped us? They put women constables in the front to try and stop us,” Kharge alleged.

    The Congress along with several other opposition parties had taken out a protest march from Parliament House to hand over a complaint to the Enforcement Directorate on the Adani issue on Wednesday. However, they were stopped by the police at Vijay Chowk here.

    The government’s intention is to avoid the Adani issue, so that it is not discussed, and their “failures” are not discussed in Parliament, the Congress president told reporters ahead of the start of parliamentary proceedings in the morning.

    “Have you ever heard that ruling party people are stalling proceedings daily, they get up first and start saying ‘maafi maango’, ‘maafi maango’ (apologise), what is this. The government is instigating and they preach about democracy to others,” he said.

    During his interactions in the UK, Gandhi alleged that the structures of Indian democracy are under attack and there is a “full-scale assault” on the country’s institutions.

    The former Congress president also told British parliamentarians in London that microphones are often “turned off” in Lok Sabha when an opposition member raises important issues.

    Gandhi’s remarks triggered a political slugfest, with the BJP accusing him of maligning India on foreign soil and seeking foreign intervention, and the Congress hitting back at the ruling party by citing instances of Prime Minister Narendra Modi raising internal politics abroad.

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    #Govt #letting #Parliament #run #avoid #Adani #issue #Mallikarjun #Kharge

    ( With inputs from www.siasat.com )

  • MAGA favorite Kathy Barnette says she won’t run again for Senate

    MAGA favorite Kathy Barnette says she won’t run again for Senate

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    election 2022 senate pennsylvania 60813

    The news will likely come as a relief to traditional Republican leaders who are trying to unite the party around Dave McCormick, a former hedge fund CEO and Bush administration official, in an effort to unseat Sen. Bob Casey (D-Pa.) next year.

    Party officials in Washington and Pennsylvania believe McCormick can attract suburban voters in a general election — a key voting bloc that they think abandoned them in the 2022 cycle. When Barnette ran for the Senate last year, she campaigned as an unabashed MAGA ally.

    Just a day ago, Barnette appeared open to campaigning again for the Senate. Asked whether she was considering a run on conservative radio station WPHT, she said, “At this particular juncture, we have not made a decision on what it is that I’m going to do.”

    Last week, Barnette’s former campaign manager, Bob Gillies, echoed her comments, saying “I don’t think she’s ruled it out yet.”

    Barnette is an Army veteran who jumped to the top of the GOP field for Senate last year before finishing third between celebrity doctor Mehmet Oz, who captured the nomination, and McCormick. Oz went on to lose to now-Sen. John Fetterman (D-Pa.).

    In the interview, Barnette appeared to take a swipe at past GOP nominees who lost in the general election after dominating the primary. Though she didn’t refer to him by name, that description could certainly apply to 2022 GOP gubernatorial nominee Doug Mastriano, who she campaigned with last year during the primary. After overwhelmingly winning the primary, Mastriano lost to now-Democratic Gov. Josh Shapiro by 15 percentage points.

    “As a warning to Republican Pennsylvania voters, we need to take into very strong consideration not just who can win a primary in a landslide, but who will win and work extremely hard to win in the general because that’s ultimately what matters,” she said. “We have the better policy ideas, but as we have witnessed, it’s not ideas alone, but who is willing to do the hard work of getting in front of all the people and convince them.”

    Barnette also criticized candidates in last year’s Senate primary who she said didn’t live in Pennsylvania. Both Oz and McCormick were tagged by their opponents as carpetbaggers during the race, which they refuted.

    Asked later if she was referring to Mastriano and McCormick in her remarks, Barnette declined to comment.

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    #MAGA #favorite #Kathy #Barnette #wont #run #Senate
    ( With inputs from : www.politico.com )

  • Opinion | Let the Cranks Run

    Opinion | Let the Cranks Run

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    Way too many long shots flattering themselves with White House dreams have become the default setting in American presidential politics. In the old days, five or six candidates would declare each cycle for their party’s nomination. There were always a few cranks, earnest celebrities, political outliers, one-issue gadflies, hustlers, attention seekers, billionaires with too much time on their hands and cable TV host wannabes. But now the process of surfacing candidates for hopeless runs for the presidency has become as fecund as a dime-store hamster.

    In the 2016 cycle, 17 Republicans announced their candidacies for president, marking a new record. There were so many Republican candidates that cycle that they couldn’t fit them all on one stage at the same time, leading to “main debates” and “secondary debates.” Then came 2020, when at least 28 Democrats declared, breaking the 2016 mark. Why this over-participation in presidential primary politics? What do these political also-rans expect to get out of their campaigns aside from humiliation? Should we prevent the herd from spawning, or is the over-abundance of candidates a good thing?

    If you want to blame somebody for the candidate surge, stick it on Barack Obama, who, at the time of his first run for the presidency, was among the least experienced politicians to run for the nomination. He had put eight years in the Illinois Senate — which the National Conference of State Legislatures calls a “full-time lite” position for the small districts its members serve and the brief sessions they work — and failed to win a U.S. House of Representatives contest. He had only two years in the U.S. Senate before announcing his presidential run, a position he won in part by virtue, his detractors say, of a political fluke that scuttled his original Republican Senate opponent and left him facing a weak one (and habitual presidential candidate Alan Keyes, at that). Just before Obama declared his presidential candidacy, an ABC News/Washington Post poll placed him 24 points behind the heavily favored Hillary Clinton. And yet he won. Obama’s ultimate victory gave faith to candidates across the spectrum: They, too, could knock off the front-runner.

    If you have any blame left in your quiver, fire it at Donald Trump, the greatest political neophyte ever to run for president. He wasn’t even a war hero like Eisenhower or Grant. In 2015, pollsters, pundits, academics and celebrities by the score insisted that Trump couldn’t possibly win the GOP contest and after he did they insisted that he couldn’t possibly defeat Clinton. After he did both, White House aspirants who would ordinarily work their way up the political ladder before announcing began to ask what these relative newcomers had that they didn’t. They concluded the answer was “nothing,” and started running. Hence the presidential candidacies of featherweights like Andrew Yang and Eric Swalwell and Tulsi Gabbard, who when afflicted with the presidential itch, scratched it with the vigor of those heavy lotto-card players who think if they keep at it, they’ll get the lucky draw.

    Hopeless runs for the presidency are partly informed by the historical record, which suggests that to win you must first lose, even if you’re an established pol. Richard Nixon ran once before he won on the second time. Ronald Reagan lost twice, George H.W. Bush, once, and Joe Biden, twice. But what attracts so many contemporary dark horses is a media environment that splashes them with a quality of attention they could never reap by merely serving on the backbench or writing books or protesting this or that. For 20th century socialists like Eugene V. Debs (five times on the ballot) and Norman Thomas (six!) or a Communist Party leader like Gus Hall (four), hopeless runs were not about winning but building cadre for the movement.

    But candidates like Williamson and RFK Jr. aren’t building cadre or grooming voters for a future successful run. They are there to reap publicity, appear on TV, expand their circle of influence, travel the country on donor dollars and advance their issues, most of which is legit. The only real harm that can be done is personal, when they become a punch line for running too many losing campaign, like Harold Stassen (nine times), who would be running from the grave if it were legal.

    Prick any politician and he’ll bleed presidential ambition. The only thing that’s changed is more politicians are pricking themselves than ever before. But instead of lamenting the overgrazed field, perhaps we should be grateful for our numerous candidates. Thanks to Obama and Trump, the variety of candidates has expanded, increasing the dimension of the debate. This has made way for a few self-regarding billionaires (Bloomberg, Tom Steyer, Ramaswamy) but also for outsiders like Bernie Sanders, who widened what was considered proper for political debate.

    You might believe the current plethora of presidential candidates to be a bad thing because an oversubscribed field, like the Republicans had in 2016, resulted in the “better” candidates overlapping and canceling one another out and allowing Trump to win the nomination with a relatively small share of the vote, as the Washington Post’s Philip Bump has written. But it was thanks to the large field in 2020 that Elizabeth Warren was on the debate stage to humiliate Bloomberg and drive him out of the race.

    However awful the candidate congestion might be, it’s preferable to the way we used to pick nominees. In the 1800s and into the mid-1900s, you weren’t likely to run for president until the right smoke-filled room characters who ran the political machines called your name and put you up for election.

    Still, the cost has been steep. In previous campaign cycles, we had to endure Rick Santorum on the hustings. Ben Carson. Bill de Blasio. George Pataki. Kirsten Gillibrand. Bobby Jindal. John Hickenlooper. These are people I wouldn’t let park my car, let alone vote for. But at least the mobbing of candidates opens the scope on the topics deemed worthy of campaign debate. It’s a cheap price to pay even if it provides Robert F. Kennedy Jr. a place on the debate stage.

    ******

    Susquehanna Polling & Research conducted a poll in late February of possible Democrats for president. Williamson didn’t even register but Gavin Newsom, who says he won’t challenge Biden, did. Send your nominee to [email protected]. No new email alert subscriptions are being honored at this time. My Twitter feed thinks Twitter is rigged. My Mastodon and Post accounts demand a recount even before the first count. My RSS feed awaits the dictatorship of the proletariat.



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    #Opinion #Cranks #Run
    ( With inputs from : www.politico.com )

  • Hyderabad: 3-year-old run over by car in Gachibowli

    Hyderabad: 3-year-old run over by car in Gachibowli

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    Hyderabad: A three-year-old girl lost her life after a Ford car hit and ran her over in Gachibowli on Sunday evening.

    According to the Gachibowli police, the deceased Bhoomi Yadav was walking on the road along with her uncle Tilak Yadav, when a speeding car hit and ran her over.

    Following the incident, the girl was rushed to the hospital where doctors declared her brought dead.

    Gachibowli police registered a case, took the car driver into custody and seized the vehicle.

    “Negligent driving by the man lead to the accident,” the police held.

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    #Hyderabad #3yearold #run #car #Gachibowli

    ( With inputs from www.siasat.com )

  • Over 1k participate in Hyderabad’s first ever women-only run

    Over 1k participate in Hyderabad’s first ever women-only run

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    Hyderabad: Over a thousand took part in the city’s first women-exclusive run, ‘I-Run’, that was held on Sunday as part of a three-day Business Women Expo 2023 at Hitex.

    The event was held with the theme ‘I Run–Breaking Barriers’ on the last day of the Expo. The organisers informed that it was the biggest-ever Expo for women entrepreneurs and innovators with over 220 plus exhibitors from 15 states.

    A total of 1,120 women participated with over 25% being first-timers. The event witnessed participation between 14 years and 76 years of age. The run was organised under three categories – 3kms, 5kms, and 10 kms.

    “Most women shy away from taking part in runs due to household responsibilities. You can start running at any time of your life, with any level of fitness. Many women succumb to the perception that they can’t run or that they are not good at running. But, it doesn’t really matter. Running has the power to change lives,” said Arun, an organiser, adding the event will be held annually.

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    #participate #Hyderabads #womenonly #run

    ( With inputs from www.siasat.com )

  • Fascinating Bull run of Raj Sharma: Vitthalwadi, Hyderabad, to wealth corridors of America

    Fascinating Bull run of Raj Sharma: Vitthalwadi, Hyderabad, to wealth corridors of America

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    Building a career in the US and making big money for an Indian is quite normal. But, advising and helping Americans, especially enterprises in both creating wealth and use it satisfactorily is a completely different ball game. This is where, Raj Sharma, of Indian origin and based in Boston excels as a successful wealth advisor.

    His debut book The Purposeful Wealth Advisor is a ready reckoner for professionals in business and finance intending to pursue a career in the field as well as those wanting to manage their wealth and fulfill their dreams.

    “In this inspiring immigrant success story, Raj Sharma shows us exactly what has enabled him to go from his humble beginnings to being one of the most successful wealth advisors in America. Raj has written a necessary and timely book, delivering a roadmap for unlimited success,” commented Ajay Banga, former CEO & Executive Chairman of MasterCard and now a nominee to the post of President, World Bank by Joe Biden, the US President.

    Hailing from a middle class family from Vitthalwadi in Hyderabad, Raj Sharma grew up during times when taking or loan or doing business did not find much appreciation but academic achievements did. So, like most of his contemporaries he pursued a Bachelor’s in economics and business from Nizam College and then an MBA. But, parallely he worked, part time as a Radio Jockey, which in fact stood him good when he reached Boston in the early 1980s in search of greener pastures.

    After a masters degree in mass communications from Emersons College, Raj worked in film and video production and also tried a startup in gourmet coffee long before Starbucks and moved onto financial advisory in a couple of years. His big break came when he joined Merrill Lynch in August 1987.

    There has been no looking back for Raj Sharma, whose career graph peaked with him being named among the top 100 Wealth Advisors in the US by Barron’s and Forbes in the last few years. He draws heavily on the learning and experiences during this long innings to enrich the contents of the book.

    The author busts several myths about the typical financial advisor, with his career itself being a shining example and citing examples. It’s no longer the stereotypical ‘white man in his fifties, a man who went to an Ivy League school and has a lot of rich friends and relatives who send clients his way or a math wizard pouring over spreadsheets and calculating compound interest.

    For one, with 55 percent of Americans owning stock the scope for extending financial advisory to them is open to those planning a career in wealth advisory and need not worry of connections with the wealthy and rich uncles to get a start, he says.

    He draws a comparison to finding a good primary care doctor. People are looking for competence, care and integrity. Anyone with those qualities can build a strong business as an investment advisor. And, as you grow the clients too can grow. While the financial advisory industry in the US continues to be male dominated and mostly white, the scope for women and people of colour is growing.

    Raj also dismisses the feared threat from Robo-Advisor, though by end of 2020 robots were managing about $460 billion. Robo-advisors-tech companies that use algorithms to manage investments are cheap. But, they won’t replace financial advisors as they cannot do many things, for example reassure clients in the middle of a market correction.

    The author takes us through a journey running into 220 pages to explain how financial advisory is just not limited to investment managers. Their role expands into family dynamics, tax optimisation, estate and legacy strategy, philanthropy, asset and liability management, business services and risk management. To top it all is the emotional support they can provide.

    Like several successful immigrants who want to give back to India, Raj Sharma too as been doing his bit. The Bhuj earthquake of 2001 led to the starting of the America-India Foundation (AIF) post the meeting of Bill Clinton and Atal Bihari Vajpayee in 2001. Given his connections and advisory role to the influential people, Raj played a key role as part of Merrill Lynch, which organised a fund raiser. In 2004, with his wife Nalini, Raj Sharma started the Boston chapter of AIF.

    Incidentally, the AIF, which now supports social causes in India and US launched its first country chapter outside the US in Hyderabad in February at the initiative of Nalini and Raj Sharma. The chapter was inaugurated by K T Rama Rao, the Minister for IT, Municipal Administration and Urban Development. It will take up more projects in the near future.

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    #Fascinating #Bull #run #Raj #Sharma #Vitthalwadi #Hyderabad #wealth #corridors #America

    ( With inputs from www.siasat.com )

  • Fascinating Bull run of Raj Sharma: Himayatnagar, Hyderabad, to wealth corridors of America

    Fascinating Bull run of Raj Sharma: Himayatnagar, Hyderabad, to wealth corridors of America

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    Building a career in the US and making big money for an Indian is quite normal. But, advising and helping Americans, especially enterprises in both creating wealth and use it satisfactorily is a completely different ball game. This is where, Raj Sharma, of Indian origin and based in Boston excels as a successful wealth advisor.

    His debut book The Purposeful Wealth Advisor is a ready reckoner for professionals in business and finance intending to pursue a career in the field as well as those wanting to manage their wealth and fulfill their dreams.

    “In this inspiring immigrant success story, Raj Sharma shows us exactly what has enabled him to go from his humble beginnings to being one of the most successful wealth advisors in America. Raj has written a necessary and timely book, delivering a roadmap for unlimited success,” commented Ajay Banga, former CEO & Executive Chairman of MasterCard and now a nominee to the post of President, World Bank by Joe Biden, the US President.

    Hailing from a middle class family from Himayatnagar in Hyderabad, Raj Sharma grew up during times when taking or loan or doing business did not find much appreciation but academic achievements did. So, like most of his contemporaries he pursued a Bachelor’s in economics and business from Nizam College and then an MBA. But, parallely he worked, part time as a Radio Jockey, which in fact stood him good when he reached Boston in the early 1980s in search of greener pastures.

    After a masters degree in mass communications from Emersons College, Raj worked in film and video production and also tried a startup in gourmet coffee long before Starbucks and moved onto financial advisory in a couple of years. His big break came when he joined Merrill Lynch in August 1987.

    There has been no looking back for Raj Sharma, whose career graph peaked with him being named among the top 100 Wealth Advisors in the US by Barron’s and Forbes in the last few years. He draws heavily on the learning and experiences during this long innings to enrich the contents of the book.

    The author busts several myths about the typical financial advisor, with his career itself being a shining example and citing examples. It’s no longer the stereotypical ‘white man in his fifties, a man who went to an Ivy League school and has a lot of rich friends and relatives who send clients his way or a math wizard pouring over spreadsheets and calculating compound interest.

    For one, with 55 percent of Americans owning stock the scope for extending financial advisory to them is open to those planning a career in wealth advisory and need not worry of connections with the wealthy and rich uncles to get a start, he says.

    He draws a comparison to finding a good primary care doctor. People are looking for competence, care and integrity. Anyone with those qualities can build a strong business as an investment advisor. And, as you grow the clients too can grow. While the financial advisory industry in the US continues to be male dominated and mostly white, the scope for women and people of colour is growing.

    Raj also dismisses the feared threat from Robo-Advisor, though by end of 2020 robots were managing about $460 billion. Robo-advisors-tech companies that use algorithms to manage investments are cheap. But, they won’t replace financial advisors as they cannot do many things, for example reassure clients in the middle of a market correction.

    The author takes us through a journey running into 220 pages to explain how financial advisory is just not limited to investment managers. Their role expands into family dynamics, tax optimisation, estate and legacy strategy, philanthropy, asset and liability management, business services and risk management. To top it all is the emotional support they can provide.

    Like several successful immigrants who want to give back to India, Raj Sharma too as been doing his bit. The Bhuj earthquake of 2001 led to the starting of the America-India Foundation (AIF) post the meeting of Bill Clinton and Atal Bihari Vajpayee in 2001. Given his connections and advisory role to the influential people, Raj played a key role as part of Merrill Lynch, which organised a fund raiser. In 2004, with his wife Nalini, Raj Sharma started the Boston chapter of AIF.

    Incidentally, the AIF, which now supports social causes in India and US launched its first country chapter outside the US in Hyderabad in February at the initiative of Nalini and Raj Sharma. The chapter was inaugurated by K T Rama Rao, the Minister for IT, Municipal Administration and Urban Development. It will take up more projects in the near future.

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    #Fascinating #Bull #run #Raj #Sharma #Himayatnagar #Hyderabad #wealth #corridors #America

    ( With inputs from www.siasat.com )

  • Int’l Women’s Day Special: Breaking Stereotypes, Shahnaza 3 Other Women Run Milk Processing Plant at Udhampur

    Int’l Women’s Day Special: Breaking Stereotypes, Shahnaza 3 Other Women Run Milk Processing Plant at Udhampur

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    Suhail Khan

    Jammu, Mar 8 (GNS): “Being informed is being empowered. We cannot change our lives by sitting at home,” says Shahnaza, the brain behind the ‘Milk Processing Unit’ at Nadaso Kud Chenani in Udhampur district.

    Shahnaza, along with three other women, has proven that with pure passion for work one can be a true inspiration for everyone all around.

    Talking exclusively with GNS, Shahnaza said that I live in a place where job opportunities are almost nil, and with the day-to-day increase in financial crisis, I came forward to help my family, and it was Umeed (scheme) which showed me the right direction to fight my hardest battles, and within no time, I had achieved that much, which even I would have never otherwise dreamt of.

    She said we sell cheese, Kalari, curd, and milk from the plant, besides we are supplying to different hotels in and around Patnitop, and the unit is easily making a sale of 3 to 4 thousand rupees a day – and is increasing day by day.

    Sahahnaza recalls that the initial days were challenging when she alongside her colleagues started to work in a male-dominated society, but slowly things started working smoothly for us and the result is in front of all today.

    On the occasion of International Women’s Day, she says that “More than education, you need the willingness to chase your dreams. The rest will follow.”

    “Financial independence makes a lot of difference in a woman’s life”, says Shahnaza. (GNS)

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    #Intl #Womens #Day #Special #Breaking #Stereotypes #Shahnaza #Women #Run #Milk #Processing #Plant #Udhampur

    ( With inputs from : thegnskashmir.com )

  • Sensex, Nifty extend winning run to 3rd day as financial, energy shares advance

    Sensex, Nifty extend winning run to 3rd day as financial, energy shares advance

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    Mumbai: Benchmark Sensex and Nifty closed higher for a third session in a row on Wednesday as fag-end buying in banking, financial and oil stocks helped the indices rebound from early lows amid a bearish trend in global equity markets.

    Covering-up of short positions by bears supported a late recovery in stocks and helped wipe off losses, traders said. However, a weak rupee against major rivals overseas weighed on market sentiment and restricted gains, they added.

    In a largely subdued session, the 30-share BSE Sensex ended 123.63 points or 0.21 per cent higher at 60,348.09 as 17 of its constituents gained and 13 declined. The barometer opened lower and stayed negative for most part of the trading session due to losses in Asian markets.

    Fag-end buying in select index heavyweights helped the index to pare all the losses and settle in the green. During the session, the index touched a high of 60,402.85.

    The broader NSE Nifty settled higher by 42.95 points or 0.24 per cent at 17,754.40. Nifty made a negative start and fell by more than 100 points during the day to a low of 17,602.25.

    IndusInd Bank was the biggest gainer on the Sensex chart, rising 4.75 per cent, followed by M&M, L&T, NTPC, ITC, Ultra Cement, Tata Steel, Maruti and SBI.

    In contrast, Bajaj Finance, Tech Mahindra, Infosys and Sun Pharma were among the losers, shedding up to 2.30 per cent.

    In the broader market, the BSE midcap gauge rose 0.61 per cent, and the smallcap index gained 0.28 per cent.

    Among the sectoral indices, utilities rose 1.91 per cent, power gained 1.79 per cent, capital goods by 1.23 per cent, and auto by 0.95 per cent.

    Realty, metal, consumer durable, IT and healthcare were among the laggards.

    “Domestic equities opened gap down in line with global markets post the hawkish commentary from US Fed Chair Jerome Powell. But value buying at lower levels led the markets to reverse their losses and close in green,” Siddhartha Khemka, Head – Retail Research, at Motilal Oswal Financial Services Ltd said.

    The Indian equities despite negative global sentiment witnessed a sharp rebound from the lower end. The Nifty index remains in a buy mode as long as it holds the support of 17,500 on the downside where fresh put writing has been observed, said Kunal Shah, Senior Technical & Derivative Analyst at LKP Securities.

    “The global market has fallen back into the grip of uncertainty as the Fed chief signalled the possibility of a prolonged and faster rate hike, contradicting a dovish comment made by another Fed official last week.

    “The market now anticipates a 50 bps rate hike, which has pushed the dollar index to a three-month high. However, a strong recovery was seen in the domestic market towards the end of the day, which kept the bulls on the move,” according to Vinod Nair, Head of Research at Geojit Financial Services.

    Going ahead, the market is likely to continue with its volatility till the next US Fed interest rate decision outcome (due later this month), where investors are now building in expectation of a 50-bps rate hike.

    As per the Fed Chair, the ultimate rate hike is likely to be higher than previously anticipated given the stubborn inflation. Till there is clarity on the interest rate front, the market is likely to be volatile in a broader range, Khemka said.

    Elsewhere in Asia, markets in Shanghai, Seoul and Hong Kong ended with losses, while Tokyo settled in the green.

    Equity exchanges in Europe were trading with losses in the afternoon session. The US markets had ended significantly lower in the overnight session.

    The rupee slipped 13 paise to close at 82.05 (provisional) against the US dollar on Wednesday. International oil benchmark Brent crude was trading 0.16 per cent lower at USD 83.16 per barrel.

    Foreign Institutional Investors (FIIs) were net buyers in capital markets as they bought shares worth Rs 3,671.56 crore on Monday, according to exchange data.

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    #Sensex #Nifty #extend #winning #run #3rd #day #financial #energy #shares #advance

    ( With inputs from www.siasat.com )