Sahara chief Subrata Roy’s biopic to be announced on his birthday

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Mumbai, June 4 | A biopic on the life of Subrata Roy, Chairman of Sahara India Pariwar, one of the biggest conglomerates of India, will be officially announced on his birthday on June 10.

Notifying about the same, trade analyst Taran Adarsh tweeted on Friday: “IT’S OFFICIAL… SUBRATA ROY BIOPIC ANNOUNCEMENT… Biopic on #SubrataRoy to be announced on his birthday [10 June 2021].”

He also shared a statement issued by the makers of the film, which reads: “Big announcement. Biopic on business tycoon Subrata Roy to be made. Makers to officially announce the film on Subrata Roy’s 73rd birthday, 10th June, 2021.”

The Subrata Roy biopic announcement comes a few months after Sahara India Pariwar had strongly reacted to an episode on Sahara in the Netflix series “Bad Boy Billionaires”, claiming the show was ill-researched and completely baseless.

Commenting on Taran Adarsh’s tweet on Friday, netizens shared their opinion about the upcoming biopic.

“Just hope the makers don’t White wash it like Sanju and keep it accurate,” tweeted a user.

“Scammers ke hi biopic banate hai ye log, (they make biopics only on scammers),” commented another user.

“Please announce biopics on Vijay Malya, Nirav Modi also,” another user sarcastically wrote.

“Now filmmakers r portraying him as a Innocent like SANJU and HARSHAD MEHTA. Stop making such films,” expressed another user.

Source: IANS

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Share Market Closing Bell: Market ends marginally lower amid volatility

Share Market Closing Bell: Market ends marginally lower amid volatility

Dalal Street witnessed tug of war between bulls and bears as Sensex settled at 54208.53 losing 109 points or 0.20 percent and Nifty ended at 16240.30 with loss of 19 points. Bank nifty closed the session at 34163.70 levels with loss of 138 point after erasing early session gain.

BSE Midcap and BSE Small cap indices turned flat after rising around half a percent each. On the sectorial front, Nifty Pharma and FMCG have contributed a percent each on a closing basis. On the flip side Nifty Realty, Nifty PSE ended with losses of 1.75 percent and 1.73 respectively. In Nifty stocks, TATACONSUM, CIPLA and ADANI PORT were the top gainers while POWERGRID, BPCL and TECHM were the prime laggards.

In the daily chart Nifty has ended with a bearish candle. However 16200 levels are protected throughout the day. Index might face high volatility on weekly expiry day. Riding against the trend may not be beneficial for short term traders. According to volume profile 16100 and 16000 may act as immediate support.

Indicators such as MACD and RSI are still struggling to overcome from oversold zone in the daily time frame. From the time cycle prospect Index would remain highly volatile till 27th May of this month. Bollinger band indicates 16650 would remain strong resistance in coming days. On the other hand, Bank nifty has support at 33400 levels while resistance at 35000 levels.

Om Mehra
Research Associate
Choice Broking

Source: Choice India

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