IS attack in Iraq kills 11 soldiers

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Baghdad, Jan 21 | At least 11 Iraqi soldiers were killed in an overnight attack by the Islamic State (IS) terror group in the eastern province of Diyala, police said on Friday.

The attack took place after midnight when IS militants attacked an army outpost in the Udheim area, some 60 km north of Diyala’s provincial capital Baquba, a senior police official told Xinhua news agency.

The attackers killed 11 soldiers, including an officer, before fleeing the scene, said al-Saadi, who confirmed that the soldiers were surprised by the attack, as the attackers took advantage of the significant drop in temperatures and attacked the military outpost.

The Iraqi security forces in the Diyala province are on high alert after the attack, while high-ranking security officials from the provincial Operations Command arrived at the scene to investigate the incident, he added.

Over the past months, IS militants have intensified their attacks against Iraqi security forces in the provinces which the militants had previously controlled, leaving dozens dead and wounded.

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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