Pak Minister says major reason behind extremism is schools & colleges, not madrassas


New Delhi, Nov 19 | Pakistan Minister for Information and Broadcasting Fawad Chaudhry said that schools and colleges that are the major reason behind extremism and not madrassas, as is the popular belief, Geo News reported.

“In the 90s, teachers were appointed to preach extremism,” the Information Minister said.

Chaudhry said the state and government are “not fully prepared” to deal with extremism, adding that they had to “take a step back” while dealing with the Tehreek-e-Labbaik Pakistan (TLP), the report added.

The Minister said the country faces “no danger from America or Europe”, but “the biggest danger is from within”.

Chaudhry lamented that the menace of extremism is one that could isolate and destroy a country, and unfortunately, Pakistan “was pushed” towards it for political and foreign policy reasons, the Geo News report said.

He noted that in case of a civil war, the state’s control would continue to diminish and “groups” will take over.

Chaudhry said that to root out extremism, the narrative surrounding it would have to be changed.

He said having an extremist point of view was not an issue, as people can have differing views — and no one could stop a person from thinking in such a manner.

“But, such a person cannot be allowed to attack the government with Kalashnikovs, having a different point of view and imposing it on others are two different things.”

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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