Rafa becomes ‘adopted son’ of flood-ravaged Spanish town

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Madrid, Oct 16 | Spanish tennis ace Rafael Nadal has been honoured at a ceremony in Mallorca for the help he provided Sant Llorenc des Cardassar in October 2018 after torrential rain and flash flooding devastated the town.

The storms resulted in the death of 13 people and led to more than 200 people fleeing, with hundreds of homes and businesses swamped with dirty water that reached levels of two metres, according atptour.com on Friday evening.

Nadal spent hours helping volunteers to clean up the area and opened up rooms at the Rafa Nadal Academy by Movistar for those who needed refuge. The 35-year-old also provided a donation of one million euros through his foundation.

Now, the 20-time major champion, who ended the 2021 season early due to a foot injury and did not compete at the US Open, has been given the title ‘adopted son’ by the city council of Sant Llorenc des Cardassar in recognition of his support.

Nadal has not competed since he reached the third round in Washington in August. The world No. 6 underwent treatment on the injury in September.

Speaking at the ceremony on Friday evening, Nadal stated he was unsure of when he will return to match action but is working hard and following a specific daily plan with clear goals.

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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