Manan Kairpal Conferred with Most Dynamic Young Entrepreneur of the Year at Brands Impact – Golden Glory Awards 2021

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Youth model and inspiring entrepreneur, 27-year-old Manan Kairpal is the Founder of The Corporate Bag, and one of the youngest recipients of the Golden Glory Awards this year. Right in his early 20s, Manan found himself next in line for carrying forward his father’s legacy and continuing the already well-settled family business. Little did the world know that the young boy had something entirely different up his sleeve – a vision that has today earned him much appreciation and many awards from all corners of the world.Manan Kairpal felicitated by Malaika Arora at Golden Glory Awards 2021 by Brands ImpactBrands Impact executed the second edition of Golden Glory Awards after two years. These awards are meant to acknowledge and bring forward the extraordinary journeys of individuals, professionals & companies that are embarking upon the path of glory and success with their remarkable achievements.Among the winners were several eminent personalities Sangeeta Bijlani (Timeless Beauty), Esha Deol Takhtani (Actor turned Producer), Divya Dutta (Best Actor in Lead Roles), Tanisha Mukherjee (Outstanding Debut on OTT), Mona Singh (Versatile Actor), Aditya Narayan (Most Loved Reality Show Host), Urvashi Dholakia (Iconic TV Actor), Sayani Gupta (Best New Age Female Actor), Erica Fernandes (Style Diva), Shama Sikander (For Advocating Mental Health), Aditya Seal and Anushka Ranjan (Most Admired Offscreen Celebrity Couple), Adah Sharma (Most Loved Female Celebrity on Social Media), Rasika Duggal (Most Loved Female Lead Actor on OTT Platform), Sarah Jane Dias (Most Stylish Glamour Icon), Mukesh Rishi (Most Versatile Actor in Supporting Roles), Anubhav Singh Bassi (Youth Icon) and Malvika Raaj & Sonaakshi Raaj (Most Stylish Sister Duo).Speaking on his spectacular achievement, Manan said, “This is the proud moment of my professional career. I feel really appreciated and valued to receive this award. This award will help me remain more focused and dedicated to my work. Thanks a lot Brand Impact for your appreciation.”Nothing short of a role model, Manan was quick to start experimenting and looking for inspiration from his early 20s itself. In this quest, he landed in Dubai, UAE, leaving a flourishing family business behind and taking up a sales job. Stepping out of his comfort zone, away from the convenience and warmth of his home, the hardships that Manan faced brought him closer to realizing his dreams, and he soon embarked upon establishing a one-stop solution for all corporate needs back in his homeland.In no time at all, Manan’s venture gained huge popularity among SMEs, as well as big names like Paytm, Panasonic, Airtel, and Castrol. Manan’s The Corporate Bag boasts of collaboration with over 117 new companies in 2021 alone and offers them over 1000+ products across multiple locations throughout India. No wonder, the young entrepreneur has received a number of accolades from all corners, including Best Startup Idea by BNI in 2019, Youth Endeavor Award by JP Group in 2017, and more.The company that had started with a mere budget of 50,000 rupees has today transpired into a multi-crore venture, with plans of branching out into other diverse fields such as waste recycling. Manan’s journey from an individual salesman to heading a team of 1500+ employees within a few years is incredible for sure, and so is his grit to dream bigger and do better with each passing day.

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Weekly Technical Share Market Outlook

Weekly Technical Share Market Outlook

The Indian market recovered sharply on the last trading day amid the weekend after a continuous fall. Market has managed to halt above 16000 Nifty levels after continuous losing streak. Index reacted violently, grasping Indian as well as global factors throughout the week. Simultaneously, Inflation is catching up and profit margins are taking a hit.

 

Sensex advanced 1532 points or 2.90 percent while Nifty gained 484 points or 3.07 percent in a week. Simultaneously, Bank nifty has overcome bear’s dominance ending the session with 3.49 percent gain. Sectorally,Nifty Metal saw the highest gains of 7.40 percent followed by the Realty and Auto added over 4% gain. On the flip side Nifty IT tumbled 2.82 percent on weekly basis. Midcap and Small Cap measures rising nearly 2 percent as well.

In Nifty stock, EICHERMOT gained 11.31% while TECHM lost 5.98% on a weekly basis. INDIA VIX closes at 23.10 suggests volatility driven market is going to remain intact. Coming to the OI Data, on the call side highest OI witnessed at 17000 Nifty followed by 16800 Nifty strike price while on the put side, the highest OI was at 16000 Nifty followed by 15800 Nifty strike price. Technically, Nifty has formed a Tweezer Bottom type pattern in the weekly chart suggesting a short term buying rally may drive the market until monthly expiry. On the daily chart, price has rebounded from the lower Bollinger band as well.

Momentum indicators MACD & Stochastic were trading with a positive crossover & reversed from oversold zone. However, Index is still struggling to get the support of 50 Simple Moving Average in daily chart. Short term investors and traders are advised to work with option strategies to neutralize the volatility. Overall, Nifty is having support at 15700 mark while on the upside 16700 followed by 16500 may act as an immediate resistance. While Bank nifty has support around 32500 while resistance is placed at 36000 on weekly chart.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India