Coup to oust Putin is already underway: Ukraine’s spy chief

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Kiev, May 14 | Ukraine’s spy chief has claimed that a coup to remove Russian President Vladimir Putin is “already underway” and that Moscow would lose the war by the end of this year.

Major General Kyrylo Budanov said he believed a turning point in the conflict will come later this summer and will eventually see Putin ousted from office, the Daily Mail reported.

“The breaking point will be in the second part of August,” General Budanov told Sky News.

“Most of the active combat will have finished by the end of this year. It will eventually lead to the change of leadership of the Russian Federation. This process has already been launched.

“As a result, we will renew Ukrainian power in all our territories,” he added.

It was also claimed by an unnamed Russian oligarch that Putin is “very ill with blood cancer”, the Daily Mail reported.

The oligarch, who has close ties to the Kremlin, claimed a number of the health problems Putin is believed to be suffering from are linked to him having blood cancer.

General Budanov’s comments are the most upbeat assessment given by any Ukrainian official since the war began on February 24.

But the Ukrainian head of military intelligence was one of the few top officials to correctly predict Russian troops and tanks would pour over the war-torn nation’s borders to try to seize its territory.

However, in a rebuke to Russia’s claims of military prowess, he branded Moscow’s army “a horde of people with weapons”, adding that “this highly publicised Russian power is a myth”.

General Budanov also claimed Putin is in a “very bad psychological and physical condition”, saying that he is suffering from cancer and other illnesses, the Daily Mail reported.

His health has been the subject of speculation this year, with his face becoming visibly puffy from what has been described as steroid use to treat one of his conditions.

Source: IANS

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Share Market Closing Bell: Market ends marginally lower amid volatility

Share Market Closing Bell: Market ends marginally lower amid volatility

Dalal Street witnessed tug of war between bulls and bears as Sensex settled at 54208.53 losing 109 points or 0.20 percent and Nifty ended at 16240.30 with loss of 19 points. Bank nifty closed the session at 34163.70 levels with loss of 138 point after erasing early session gain.

BSE Midcap and BSE Small cap indices turned flat after rising around half a percent each. On the sectorial front, Nifty Pharma and FMCG have contributed a percent each on a closing basis. On the flip side Nifty Realty, Nifty PSE ended with losses of 1.75 percent and 1.73 respectively. In Nifty stocks, TATACONSUM, CIPLA and ADANI PORT were the top gainers while POWERGRID, BPCL and TECHM were the prime laggards.

In the daily chart Nifty has ended with a bearish candle. However 16200 levels are protected throughout the day. Index might face high volatility on weekly expiry day. Riding against the trend may not be beneficial for short term traders. According to volume profile 16100 and 16000 may act as immediate support.

Indicators such as MACD and RSI are still struggling to overcome from oversold zone in the daily time frame. From the time cycle prospect Index would remain highly volatile till 27th May of this month. Bollinger band indicates 16650 would remain strong resistance in coming days. On the other hand, Bank nifty has support at 33400 levels while resistance at 35000 levels.

Om Mehra
Research Associate
Choice Broking

Source: Choice India

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