Injured fisherman rescued from Porbandar Sea

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Ahmedabad, May 21 | The Indian Coast Guard (ICG) on Saturday rescued an injured fisherman who was on board a boat in the Porbandar Sea.

The rescue operation was carried out by the ICG Station in Pipavav which received information about the injured fisherman Dhan Prasad from the Fisheries Association, Jafrabad.

Upon receiving the information, the ICG Station commissioned a helicopter and a ship for the rescue operation.

After confirming the location, the helicopter assisted the ship to reach the boat.

As it reached the boat, a medical team from the ship first stabilised the injured fisherman with first aid and then evacuated him.

Dhan Prasad was handed over to the Fisheries Association and is reportedly stable.

This is the second such rescue operation in the last 48 hours.

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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