Gunmen attack office of Iraqi Deputy Speaker

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Baghdad, Jan 20 | Unidentified gunmen attacked the office of Shakhwan Abdullah, the second Deputy Speaker of the Iraqi Parliament, in the northern city of Kirkuk, a local police source said.

The incident took place on Wednesday evening when gunmen threw a hand grenade at Abdullah’s office in the Rahim Awa neighbourhood in central Kirkuk, some 250 km north of Baghdad, the source told Xinhua news agency.

Abdullah was not in the office during the attack, which caused some damage to the building, he said.

Iraqi security forces cordoned off the office and launched an investigation into the incident.

The incident came after a series of attacks targeting politicians and headquarters of Sunni and Kurdish parties after the Iraqi parliament held its first session on January 9, which witnessed a heated debate between the parliamentary blocs.

During the session, the lawmakers re-elected Mohammed al-Halbousi as parliament speaker, while Hakim al-Zamili and Shakhwan Abdullah won the majority of votes for positions of the first and second deputies, respectively.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

 

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