Magician Muthukad calls it a day, to work for physically challenged kids

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Thiruvananthapuram, Nov 17 | One of Kerala’s popular figures, internationally reputed magician Gopinath Muthukad, on Wednesday called time on his professional career.

“Henceforth, I will not hold any commercial magic shows. To organise a commercial magic show, one needs a lot of time and now that my priorities have changed, I want to work for the upliftment of physically challenged kids,” said the 57-year-old magician.

“Now my dream is to work for the innocent kids. I want to set up a university for them, which is my ultimate dream. I also wish to set up a sports complex and a skill centre,” added Muthukad.

In a professional career spanning over four decades, Muthukad has won numerous accolades, which include the International Merlin Award instituted by the International Magicians’ Society.

He is the first Keralite to be honoured as the Celebrity Supporter by the UNICEF for promoting child rights in Kerala.

In 1995, he became the first magician in the world to perform an escape act in a style similar to magic leged Harry Houdini’s act of 1904.

In his long career, he has staged over 8,000 shows across the world. He has also opened a Magic Academy in the state capital for the upliftment and promotion of magic to fight against all kinds of irrational beliefs, superstitions, violence and other evil practices existing in the society.

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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