Khushbu Sundar condoles death of Pandit Birju Maharaj

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Chennai, Jan 17 | Actress and politician Khushbu Sundar on Monday joined scores of other leaders and celebrities in condoling the death of Kathak legend Pandit Birju Maharaj, saying, “An era comes to an end.”

Taking to Twitter to share her condolence message, the actress said, “We have lost a stalwart in Pandit Birju Maharaj. He was an institution, an inspiration.”

Recalling a meeting she had with Maharaj ji during the shooting of the Kamal Haasan movie ‘Dasavatharam’, Khushbu said: “His smile, his eyes spoke volumes. World of dance and art will never be the same again.”

Pandit Birju Maharaj, who had been diagnosed with a kidney disease recently and put on dialysis, passed away late on Sunday night at Delhi home.

A recipient of the Padma Vibhushan, Maharaj ji was known for having made the Lucknow gharana of Kathak renowned throughout the world.

Source: IANS

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Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

On the back of Global Clues and SGX, Nifty opened on a gap down note & continued downside momentum throughout the day and closed the session at 15809.40 level with a loss of 430.90. However, Bank nifty closed the session at 33315.65 level with a loss of 848.05 points.

India VIX closed at 24.56 up by 10.13% which is a sign of more volatility in upcoming sessions.47 stocks out of NIFTY 50 closed in RED which suggest broad based selling. All the sectoral indices were ended in the red with metal, IT indices down 4-5 percent.

Despite one way fall, Stocks like ITC, DRREDDY, POWERGRID were the top gainers, While WIPRO, HCLTECH, INFY, TCS & TECHM were prime losers. On a daily chart, Nifty has formed a Bearish candle which indicates downside momentum for an upcoming session. Moreover, Nifty is showing support from horizontal line i.e., 15750 levels which is make or break level. In addition, Nifty has been sustained above the 21-Monthly Moving Average which indicates a bounce back from lower levels can be seen.

However, the momentum indicators MACD & Stochastic were trading with a negative crossover & trading in oversold zone which is a sign of sideways to negative trend in Nifty. The Nifty may find Strong support around 15700 levels, breaching below it can show more downside till 15500 levels while on the upside 16000 may act as an immediate hurdle. On the other hand, Bank nifty has support at 32800 levels while resistance at 34500 levels.

Palak Kothari
Research Associate
Choice Broking

Source: Choice India

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