5 new members take oath in Rajya Sabha

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5 new members take oath in Rajya Sabha
5 new members take oath in Rajya Sabha

New Delhi, Nov 29 | 5 new members take oath in Rajya Sabha. Five new members took oath on Monday in the Rajya Sabha as the winter session of Parliament begins.

Three of the five members are from the DMK and one each is from the Congress and Trinamool Congress.

All the newly new MPs took oath in their native languages. Rajni Patil, elected from Maharashtra on a Congress ticket, took oath in Marathi. Luizinho Falerio elected on the Trinamool Congress ticket from West Bengal took oath in Konkani as he hails from Goa.

And the three DMK members took oath in Tamil. They are Kanimozhi N.V.N. Somu, M. Mohamed Abdulla and K.R.N. Rajesh Kumar.

The House also paid tributes to the departed MPs Oscar Fernandes, who was a sitting member. Former MPs’ — K.B. Shanappa, Chandan Mitra, Hari Singh Nalwa, Monika Das Abani Roy and others who passed away in between the sessions, were also remembered.

The House paid respects to the departed souls and as a mark of respect observed two-minute silence. The chairman directed the Secretary General to convey condolences to the bereaved families.

Govt ready to discuss all issues but dignity of Parliament be maintained: Modi

The Rajya Sabha adjourned for one hour in memory of sitting Congress MP Oscar Fernandes who passed away recently due to illness.

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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