Hasina pays tributes on 50th anniversary of Bangabandhu’s Homecoming Day

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By Sumi Khan
Dhaka, Jan 10 |
Bangladesh Prime Minister Sheikh Hasina on Monday paid tributes on the 50th anniversary of Homecoming Day, which marks Bangabandhu Sheikh Mujibur Rahman’s return to the country in 1972 after spending months in a Pakistan jail.

She paid homage by placing wreaths at the portrait of her father at the Bangabandhu Memorial Museum in Dhaka, after which she stood in silence for a while.

The Prime Minister was accompanied by her younger sister Sheikh Rehana.

Following his return to Bangladesh, Rahman’s first statement to the media was: “Gentlemen, as you can see, I am alive and well.”

He was abducted by the Pakistan Army in the early hours of March 26, 1971 at the onset of Operation Searchlight, in an attempt to defeat Bangladesh’s struggle for independence.

But Rahman’s foresight in delegating responsibilities to his trusted deputies and faith in the people ensured they would not only wage one of the fiercest wars for independence, but also ensure victory.

After Bangabandhu was released on January 8, 1972, he wished to return to Dhaka immediately. But as Pakistani aircraft were banned in Indian airspace, Pakistan’s new President Zulfikar Ali Bhutto, who had taken over from a disgraced General Yahya Khan, ordered that Rahman fly to Tehran or another ‘neutral’ location, not India.

He then decided to fly to London, where he addressed the world media in a sensational meet-and-greet at the Claridge’s Hotel.

After a brief stopover in Delhi to thank then Indian Prime Minister Indira Gandhi for her assistance to the Bangladesh cause throughout the Liberation War, he finally returned home, where millions of people lined up the streets of Dhaka to welcome him.

Upon his return, Bangabandhu delivered a speech on January 10 at the Race Course (now Suhrawardy Udyan) outlining the principles upon which Bangladesh would function as a sovereign state.

“My Bangladesh is independent today, my life’s desire has been fulfilled today, people of my Bengal have been liberated today. My Bengal will remain free.

“In my state, in this Bangladesh, there will be a socialist system. There will be democracy in this Bangladesh. Bangladesh will be a secular state.

“Together we will build a new and prosperous Bengal. The people of Bengal will be happy again, live life merrily and breathe freely in an open atmosphere,” he had said.

The historic day will be observed across the country, but with Covid-19 protocols.

The ruling Awami League has arranged various programs.

Source: IANS

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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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