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Equity indices trade in green, Sensex reclaims 34k intra-day (Lead)

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Mumbai, Dec 29 (IANS) Key Indian equity indices traded with gains during the mid-afternoon session on Friday with healthy buying in auto, capital goods and consumer durables stocks.

The barometer 30-scrip Sensitive Index (Sensex) reclaimed the important 34,000-level to touch a high of 34,031.26 points during the intra-day trade.

Around 12.40 p.m., the Sensex, which opened at 33,889.39 points, traded at 33,992.93 points — up 144.90 points or 0.43 per cent — from its previous session’s close.

The BSE market breadth indicated a bullish trend as 1,577 stocks advanced as compared to 989 declines.

On the National Stock Exchange (NSE), the broader Nifty50 traded higher by 32.80 points or 0.31 per cent at 10,510.70 points.

In another development, stocks of Reliance Communications (RCOM) surged by almost 34 per cent to a high of Rs 41.77 per share on the BSE after Reliance Jio Infocomm (RJIL), a subsidiary of Reliance Industries Limited, on Thursday announced signing of a “definitive agreement” for the acquisition of specified assets of RCOM and its affiliates.

It currently traded higher by 12.73 per cent at Rs 34.90 per scrip.

“Markets opened positive on the last trading day of the year 2017. RCOM surged over 30 per cent to Rs 41 after RJIL on Thursday said it will buy a majority of the wireless assets of RCOM,” Dhruv Desai, Director and Chief Operating Officer of Tradebulls, told IANS.

“BSE rose four per cent after Sebi on Thursday approved amendments to the Stock Exchange and Clearing Corporation Regulations to allow all exchanges to offer trading in all segments such as commodities, equities, currency and debt from October 2018,” he added.

On Thursday, the benchmark indices — amid volatility — closed on a flat note with marginal losses as caution prevailed on the day of derivatives expiry.

The Nifty50 slipped by 12.85 points or 0.12 per cent to close at 10,477.90 points, while the Sensex closed at 33,848.03 points — down 63.78 points or 0.19 per cent.

–IANS
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma

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World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.

Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.

During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.

On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”

Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.

It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.

Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.

Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”

On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”

The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.

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