Bihar political activity set to increase as Lalu arrives in Patna

16

Patna, May 24 (IAN) RJD national president Lalu Prasad is expected to arrive here on Tuesday to announce the Rajya Sabha candidates in the evening.

He is currently at the residence of his eldest daughter Misa Bharti in New Delhi. Besides him, Misa Bharti and Tejashwi Yadav are also expected to arrive with him.

The nomination for the five seats of Rajya Sabha coming under Bihar begins Tuesday. It is expected that two seats can go to the Rashtriya Janata Dal (RJD), two to the BJP and one seat to JD(U).

The arrival of Lalu Prasad has significance in the context of the recent political developments. Nitish Kumar and RJD leader Tejashwi Yadav have come close in the last one month or so and the relations between Nitish Kumar and the BJP don’t seem to be so warm.

Nitish Kumar on Monday reportedly directed all the MLAs of his party to avoid leaving Patna for 72 hours. He has also announced an all-party meeting on May 27 to discuss the caste-based census issue.

The caste-based census is one of the issues in Bihar where Nitish Kumar has differences with the BJP, and may provide the necessary ‘opportunity’ for him to leave the BJP and form the government with the RJD.

Keeping this in view, the BJP which is against the caste-based census, held an emergency meeting on Monday evening and decided to support the issue.

Hari Bhushan Thakur Bachaul, a BJP MLA said: “When our Prime Minister said that the states are independent to conduct caste-based census on their own expenses, where is the doubt. The opposition are confusing the people that the BJP is against the caste-based census.

Meanwhile, RJD senior leader and MLA Bhai Virendra said: “Any political party supports or not, the RJD will give full support to Nitish Kumar for the caste-based census.

RJD vice president Shivanand Tiwari also said that “whatever Nitish Kumar is doing is appreciable. The RJD will give complete support to Nitish Kumar and his party”.

Source: IANS

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.

Next Story

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

On a weekly expiry day, Nifty opened on positive note and have a dip to make an intraday low at 15367.50 level but showed bounce back moment as managed to close at 15556.65 level with a gain of 143 points. Bank Nifty closed the session at 33135 level with a gain of 289.70 points. 45 Out of Nifty 50 ended in green which suggest broad based buying.

All the sectoral indices managed to close in green expect Energy while Nifty Auto was top gainer. Among Nifty Stock, MARUTI, EICHERMOT, HEROMOTOCO & M&M were the top gainers, While RELIANCE, COALINDIA, POWERGRID & GRASIM were the prima laggards. India VIX closed at 20.88 level with a loss of 1.97%. On Technical Front, The Nifty has formed bullish candle but faced resistance at 21 Four-Hourly Moving Average i.e., 15647 which suggest crossing above the same can show more upside rally.

Nifty has been trading in range of 15200-15700 level while breaching either side can suggest further direction of breakouts. Nifty has given above 50-Hourly Moving Averages which indicate it can show upside moment in the counter. On the Nifty OI Data, On the call side ,the highest OI witnessed at 16000 level while on the put side was at 15500 Niftg level followed by 15300 levels. The momentum indicators Stochastic is trading with a positive crossover on a daily chart which suggest northward journey in the Nifty.

The Nifty may find support around 15200 levels while on the upside 15700 may act as an immediate hurdle. On the other hand, Bank Nifty has support at 32300 levels while resistance at 33800 levels.

Overall, Sector specific momentum has been observed, crossing above 15700 Nifty can show more upside rally.

Market entering into buy on dips pattern.

Palak Kothari
Senior Technical Analyst
Choice Broking

Source: Choice India

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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here