Connect with us

Top News

Global cues, healthy Q3 results raise equity indices to new highs (Lead)

Published

on

Mumbai, Jan 18 (IANS) Key Indian equity indices traded at fresh highs during the mid-afternoon session on Thursday, with both the BSE Sensex and Nifty50 scaling record intra-day highs as well.

Market observers said investors’ sentiments were uplifted by positive global cues, along with inflow of foreign funds and upbeat quarterly corporate earnings.

The wider Nifty50 of the National Stock Exchange traded firmly above the vaunted 10,800-mark. Around 1 p.m., the index surged by 87.75 points or 0.81 per cent to trade at a fresh level of 10,876.30 points.

The Nifty50 has so far scaled a record level of 10,887.50 points during intra-day trade.

On the BSE, the barometer 30-scrip Sensitive Index (Sensex), which opened at 35,366.45 points, traded at a new high of 35,482.15 points — up 400.33 points or 1.14 per cent — from its previous session’s close.

The Sensex has touched a fresh intra-day high of 35,507.36 points so far.

However, the BSE market breadth was bearish as 1,596 stocks declined as compared to 1,171 advances.

“Indian shares opened higher on Thursday — a fresh record opening for both benchmark indices — due to overseas funds inflow following favorable fiscal third quarter corporate earnings amid positive global cues,” Dhruv Desai, Director and Chief Operating Officer of Tradebulls, told IANS.

“The benchmark indices rallied after reports indicate that the government allowed 100% foreign direct investment in the banking sector,” he added.

Healthy buying was observed in banking, auto and FMCG stocks.

On Wednesday, the benchmark indices rose to new highs riding on optimism around quarterly corporate earnings, along with an upward rally in banking stocks and healthy inflow of foreign funds.

The Sensex closed above the 35,000-mark at a high of 35,081.82 points after touching an intra-day high of 35,118.61 points.

The Nifty50, which scaled a high of 10,803 points intra-day, rose 88.10 points or 0.82 per cent, to close at 10,788.55 points.

–IANS
ppg/vm

Continue Reading

Top News

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

Published

on

By

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.

Continue Reading

Trending