Ghani committed treason, ex-officials accuse him of lying

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New Delhi, Sep 10 | A number of former Afghan government officials have accused exiled President Ashraf Ghani, who fled the country following the fall of Kabul to the Taliban, of lying.

The former officials stated that Ghani, who allegedly fled Afghanistan with millions of US dollars in cash, has committed national treason and that his “corrupt leadership subdued the country to the Taliban (Islamic Emirate)”, Ariana News reported.

Ghani, however, rejected the claims stating that he had fought against corruption during his tenure as president.

In a statement released on Wednesday, Ghani called for a neutral organisation to probe the allegations against him.

He reiterated that he left the country to thwart security threats against him and to avoid “bloodshed” in the country.

“Leaving Kabul was the most difficult decision of my life, but I believed it was the only way to keep the guns silent and save Kabul and her 6 million citizens,” he said.

Meanwhile, a number of political experts called for the launch of an investigation into Ghani.

Roya Rahmani, former Afghan Ambassador to the US, stated: “I am very disappointed with the fact that (former) President Ghani left his path. This was what surprised me, indeed, I had at least better expectations of him; The leadership was corrupt.”

Source: IANS

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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

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