New chapter opened in Afghanistan, world relations: Taliban FM

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Doha/Kabul, Oct 12 | The Taliban-led government in Afghanistan has “opened a new chapter” in relations with the international community by sending a message of good ties to the world, said Acting Foreign Minister Amir Khan Muttaqi.

He made the remarks while addressing an event on Monday organised by the Centre for Conflict and Humanitarian Studies at the Doha Institute for Graduate Studies, TOLO News reported.

“Afghanistan has sent the message of positive relationship with the whole world. We do not want to interfere in any country’s internal affairs, and we expect the same from other countries to not interfere in our internal affairs,” he said.

The Acting Foreign Minister is part of an Afghan Taliban delegation which carried out a two-day meeting with US officials over the weekend in the Qatari capital.

In his address, Muttaqi further said that the full implementation of the US-Taliban 2020 Doha agreement can address any problem between the two countries, adding that the Taliban wants a political system in Afghanistan that can respond to domestic needs.

“What we want in Afghanistan is a political structure as such that responds to our country’s needs and at the same time is able to fulfil its responsibility at the international level,” TOLO News quoted the Minister as saying.

When asked about reforms, women’s education and their right to work, Muttaqi said the world should not put pressure the Taliban and instead, it should cooperate in bringing reforms.

“You should not seek your demands through putting pressure on us. Ask us through cooperation… The previous government had strong international support. Now you are asking for all the reforms in two months.

“Schools for boys and girls were closed before us because of Covivd. When Kabul fell to our hands, all schools were closed already. Schools in provinces were closed already. We have started reopening the schools,” Muttaqi said.

The Minister also claimed that under the new Taliban government, the Covid-19 situation in the country has been controlled “very well”, surprising doctors, TOLO News reported.

In his concluding remarks, Muttaqi said that the Taliban wanted to enter Kabul through negotiations, “but the fact the formerpresident and the security organs fled, Kabul faced the gap of power, there was a vacuum, so we were asked to enter Kabul and ensure the security of the city”.

Source: IANS

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Weekly Technical Share Market Outlook

Weekly Technical Share Market Outlook

The Indian market recovered with modest gain against the resilient global cues. Throughout the week, Sensex traded in a narrow range following an uneven move. Sensex ended at 54884.66 gaining 558 points or 1.03 percent while Nifty settled at 16352.45 with 86 points or 0.53 percent on a weekly basis. While Banknifty ended at 35613.30 levels with strong bounce with an upside of 3.90 percent in a week.

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INDIA VIX has cooled off during the week with 7.01 percent and has settled at 21.48 levels. Investors and traders may watch out key events such as the RBI meet in the second week as well as the US Fed meeting likely to be on 14-15 June for monthly expiry. As corporate results are likely to end soon stocks would expect less volatility in upcoming days. In Nifty stocks, HDFCLIFE gained 9.61 percent while DIVISLAB shed 18.41 percent in a week. Sectorally Nifty Finance saw the highest gains of 4.32 percent followed by the Nifty Auto with 3.26 percent. On the flip side Nifty Pharma, Energy, Realty and PSE lose more than 3 percent each on a weekly basis. However Midcap gained 0.77 percent while Smal lcap dropped by 3.42 percent.

Technically, Nifty has formed a bullish candle on the weekly chart with a long tail suggesting strong support around 15900 levels, while on the upside 16800 may act as strong resistance. Index has taken support from the previous horizontal line & closed above 21-days Simple Moving Averages that indicates further pullback rally in the near term.

Indicators such as RSI remained in the neutral zone while MACD suggest some positive cross over observed in daily time frame suggest some sign of reversal. Coming to the OI Data, on the call side the highest OI witnessed was 16500 followed by 16800 strike prices while on the put side, the highest OI was at 16000 strike price. Overall, Nifty is having support at 16000 mark while on the upside 16500 followed by 16750 may act as an immediate resistance. While Bank nifty has support around 34300 while resistance is placed at 36800 on weekly chart.

Om Mehera
Research Associates
Choices Broking

Souce: Choice India

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