Some 500,000 Afghans receive health assistance this year: IOM

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Kabul, Oct 23 | The International Organization for Migration (IOM) said it has been providing essential health services to people on the move and hard-to-reach Afghans in an effort to prevent the war-torn country’ healthcare system from collapsing.

The agency said in a statement on its website that the “IOM has stood on the front lines of the UN’s Covid-19 response in the country, with presence currently across four border provinces: Herat, Nimroz, Kandahar and Nangarhar”, reports Xinhua news agency.

“Since the beginning of the year, almost half a million people have received essential health assistance from IOM. IOM’s health teams now are rapidly preparing to increase capacity and adapt support to fill urgent gaps to help ensure that the Afghan health-care system does not collapse in the medium term,” according to the UN agency.

The security situation in Afghanistan has remained generally calm but uncertain since the Taliban’s takeover in August, while the economic situation has worsened in the country with higher unemployment rate and rising poverty.

UN agencies, aid organisations and a number of non-governmental organisations are racing against the time to deliver life-saving aid and supplies to crisis-hit Afghans ahead of winter.

Source: IANS

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Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

On the back of Global Clues and SGX, Nifty opened on a gap down note & continued downside momentum throughout the day and closed the session at 15809.40 level with a loss of 430.90. However, Bank nifty closed the session at 33315.65 level with a loss of 848.05 points.

India VIX closed at 24.56 up by 10.13% which is a sign of more volatility in upcoming sessions.47 stocks out of NIFTY 50 closed in RED which suggest broad based selling. All the sectoral indices were ended in the red with metal, IT indices down 4-5 percent.

Despite one way fall, Stocks like ITC, DRREDDY, POWERGRID were the top gainers, While WIPRO, HCLTECH, INFY, TCS & TECHM were prime losers. On a daily chart, Nifty has formed a Bearish candle which indicates downside momentum for an upcoming session. Moreover, Nifty is showing support from horizontal line i.e., 15750 levels which is make or break level. In addition, Nifty has been sustained above the 21-Monthly Moving Average which indicates a bounce back from lower levels can be seen.

However, the momentum indicators MACD & Stochastic were trading with a negative crossover & trading in oversold zone which is a sign of sideways to negative trend in Nifty. The Nifty may find Strong support around 15700 levels, breaching below it can show more downside till 15500 levels while on the upside 16000 may act as an immediate hurdle. On the other hand, Bank nifty has support at 32800 levels while resistance at 34500 levels.

Palak Kothari
Research Associate
Choice Broking

Source: Choice India

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