TNM

Chiranjeevi appoints his brother as Party youth wing chief

Chiranjeevi appoints his brother as Party youth wing chief Praja Rajyam Party president Chiranjeevi Sunday appointed his brother and actor Pavan Kalyan as the president of youth wing of the party. 

Chiranjeevi announced this in a press conference at party office in Hyderabad. 

Kalyan was nominated as Yuva Rajyam president as he wants to serve people, Chiranjeevi said.  

Chiranjeevi claimed that Kalyan has his own identity. "It is not proper to keep him away just because he is my brother," the superstar added. 

Patil declines party post

Patil declines party post Former Maharashtra deputy chief minister R.R. Patil, who was tipped to be state unit president of the National Congress Party (NCP) after he stepped down last week, has declined to accept the post. 

Patil, who was also the state home minister before he resigned in the wake of the Mumbai terror attack on Nov 26 that killed at least 180 people, has instead preferred to take a break. 

The former minister told NCP president Sharad Pawar that he would like to have a break till after the forthcoming state assembly elections, said a party functionary.  

Nifty at 2790, BSE Sensex higher by 258 points at 11 a.m.

At 11am, Indian Stock markets were trading with decent gains. NSE Nifty was up by 76 points at 2790. BSE Sensex was at 9223 with a gain of 258 points. Among sectoral indices, BSE Auto was up by 61 point while BANKEX was up by 138 points at 4845.

Metal and Energy counters were trading strong as well. Almost all sector indices were trading in positive.

Among major gainers on NSE were Unitech, DLF, Suzlon Energy, Idea Cellular and HDFC.

Reliance Infra was trading 5.2% higher at 11 am. SAIL, Cairn India, GAIL, Grasim and Tata Steel were trading with a gain of over 5 per cent.

Among technology stocks, Wipro, Satyam Computers, Infosys Technologies and Tech Mahindra were trading strong.

62% turn out in Rajasthan re-polling

Nearly 62 pc electorate exercised their franchise during the re-polling in 130 booths across 16 districts of Rajasthan. 

The re-polling was necessitated due to complaints of rigging, booth capturing and malfunctioning of EVMs in the 4th December assembly polls in the state. 

The constituencies where repolling were held included Todabheem, Deeg-Khumher, Pushkar, Khanpur, Kolayat, Kota-South Kotputali, Civil Lines (Jaipur), Sanchore, Bilara, Khandela, Mundawar, Nokha, Dholpur, Sawaimadhopur, Mandalgarh, Dausa Bandikui, Baran-Atru, Fatehpur, Bari, Mehava, Gangapur and Karauli.  

The re-polling was marred by a caste clash between two communities in Todabheem assembly constituency, injuring eight persons, official sources said.  

Cyclone hit TN sought 1,893 Cr. Central assistance

Cyclone hit TN sought 1,893 Cr. Central assistance Tamil Nadu on Sunday sought Rs 1,893 crores from the Centre for flood-relief work. 

Heavy rains brought by Cyclone Nisha battered 12 coastal districts, causing extensive damage and killing 189 people. As many as 1,597 villages were still under water, officials said. Over 3.23 lakh people were living in relief camps. 

The torrential rains have destroyed standing crops in over 550,000 hectares of land. 600,000 farmers have been hit hard by the calamity.  

Nifty has resistance at 3000 - 3100 and support at 2500: Networth Stock Broking

Networth Stock Broking has suggested a strong resistance for NSE Nifty in 3000-3100 range. US Stock markets ended positive and Asian markets are expected to open strong on Monday. Indian Stock markets may also open with a wide upward gap on Monday.

As per figures from exchange, stocks worth Rs 4.5 crore were sold by FII in cash market on Friday. Domestic Institutional investors sold stocks worth Rs 184 crore in cash market.

Network Stock Broking analysts believe 2510 and 2492 as a strong support level for NSE Nifty.

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