Canadian street named Cheema Drive

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Chandigarh, Oct 28 | A new street in Winnipeg, Canada, has been named after Gulzar Singh Cheema, the first Indian-born Canadian doctor to be elected to a legislative assembly in the country in 1988. It is now called Cheema Drive.

Cheema, who now practises family medicine in British Columbia, was re-elected in 1990 for the Liberal party in The Maples.

“We were knocking doors and they shut the door, sometimes and not all the time. So our campaigns made them nervous,” Gulzar said while recalling his earlier election campaigns.

Describing the city as remarkable, he said, while unveiling the new street name in northwest Winnipeg last week: “I am here in the city where it all started. We shall never forget this place.”

Prime Minister Justin Trudeau lauded the contribution of Cheema by saying that he was among few personalities who have the honor to become a member of two provincial assemblies and he was first elected MLA of the Indo-Canadian community.

“Dr Gulzar Cheema you have shown, and continue to show, the true meaning of leadership and dedication to one’s community and country, and embody the true spirit of the city of Winnipeg,” said the Prime Minister.

Cheema hoped his legacy helps inspire people to get involved in their communities like he did years ago.

“It’s so important to get involved. Be heard, be honest, be determined,” he said.

Cheema was elected in British Columbia in May 2001 to represent the riding of Surrey-Panorama Ridge.

On June 5, he was appointed as a member of the Executive Council for the government of British Columbia as Minister of State for Mental Health.

He received his bachelor of medicine and surgery from Panjab University, interned at the University of Newfoundland and was a resident at Saskatoon’s University Hospital.

Source: IANS

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Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Dalal Street found no relief with incessant sell off during the month. Nifty traded on a bearish note and ended at 16025.80 with loss of 99.35 points or 0.62 percent following weak global cues on Wednesday. While Banknifty closed at 34339.50 on the higher side with marginal gain of 49.35 points.

bhaskarlive market closing

The weakness in US stocks is playing out globally with signs of higher inflation, which has spoiled investors’ appetite for the Indian market as well. Rising India VIX to 25.28 has led Indices to big intraday swings on both sides. Sectorally maximum sectors closed on the negative side as Nifty IT and Nifty Media sheds more than 3 percent each. While Nifty Financial Services ended on a positive side gaining 0.68 percent.

In nifty stocks, NTPC, HDFCLIFE, SBILIFE were the top gainers while ASIANPAINT, ADANIPORT and TECHM were the prime laggards. Coming to the OI Data, on the call side highest OI witnessed at 16200 followed by 16300 strike price while on the put side, the highest OI was at 15800 strike price. Technically, Nifty has formed three black crow patterns in the daily chart suggesting bearishness would remain intact. We expect a rise in volatility as well on monthly expiry day.

Riding against the trend may not be beneficial for short term traders. All major moving averages are lying above 16300 levels. Indicators such as MACD and RSI are still struggling to overcome the oversold zone in the daily time frame. Overall, Nifty is having support at 15800 mark while on the upside 16300 may act as an immediate resistance for monthly expiry. While Banknifty has support around 33500 while resistance is placed at 35200 on the daily chart.

Om Mehra
Research Associate
Choice Broking

Source: Choice India

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