Pranab Mukherjee dead: Former President passes away at 84, govt announces 7-day state mourning Pranab Mukherjee dead at 84: The former president had, earlier this month, undergone brain surgery at the Army Research and Referral hospital in the national capital. Earlier today, his condition deteriorated further and he was in a state of septic shock due to a lung infection.

Former President Bharat Ratna Pranab Mukherjee passed away Monday. He was 84. Mukherjee had, earlier this month, undergone brain surgery at the Army Research and Referral hospital in the national capital. Earlier today, hospital authorities said his condition deteriorated further and he was in a state of septic shock due to a lung infection. His death was announced by his son Abhijit Mukherjee.

“Sad to hear that former President Shri Pranab Mukherjee is no more. His demise is passing of an era. A colossus in public life, he served Mother India with the spirit of a sage. The nation mourns losing one of its worthiest sons. Condolences to his family, friends & all citizens. Endowed with perspicacity and wisdom, Bharat Ratna Shri Mukherjee combined tradition and modernity. In his 5 decades long illustrious public life, he remained rooted to the ground irrespective of the exalted offices he held. He endeared himself to people across the political spectrum,” President Ram Nath Kovind said in a message.

Prime Minister Narendra Modi tweeted: “India grieves the passing away of Bharat Ratna Pranab Mukherjee. He has left an indelible mark on the development trajectory of our nation. A scholar par excellence, a towering statesman, he was admired across the political spectrum & by all sections of society.”

Mukherjee, in his long political career served as a Member of Parliament seven times, serving in the cabinet of several prime ministers. In 2012, Mukherjee was elected President of India.

The Indian Express

MOTHER AND FATHER

Brilliant Message!!

One who loves till her eyes close, is a *Mother*.

One who loves without an expression in the eyes, is a *Father*.

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*Mother* - Introduces you to the world.

*Father* - Introduces the world to you.

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*Mother* : Gives you life

*Father* : Gives you living

__________________________

*Mother* : Makes sure you are not starving.

*Father* : Makes sure you know the value of starving

__________________________

*Mother* : Personifies Care

*Father*: Personifies Responsibility

__________________________

*Mother* : Protects you from a fall

*Father* : Teaches you to get up from a fall.

__________________________

*Mother* : Teaches you walking.

*Father* : Teaches you walk of life

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*Mother* : Teaches from her own experiences.

*Father* : Teaches you to learn from your own experiences.

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*Mother* : Reflects Ideology

*Father* : Reflects Reality

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*Mother's* love is known to you since birth.

*Father's* love is known when you become a Father.

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Dedicated to all parents.

Why Sensex crashed over 800 points today :lvemint . Updated: 31 Aug 2020, 04:48 PM IST Edited By Surajit Dasgupta

Indian stocks markets crashed today with benchmark Sensex plummeting 839 points amid fresh India-China border tensions. Implementation of the new margin system from September 1 also weighed on the market. After rallying 543 points in the morning session and touching the 40,000-mark, the BSE Sensex surrendered all gains to close at 38,628.29, a loss of 839.02 points or 2.13%. Similarly, the NSE Nifty tanked 260.10 points or 2.23% to end at 11,387.50.

Broader indices such as BSE midcap and BSE smallcap indices crashed 3.8% and 4.4% respectively.

Deepak Jasani, Head of Retail Research, HDFC Securities, said: "Volumes on the NSE were huge aided by the MSCI rebalancing volumes while the short term trend of the markets seems to have turned down."

Sun Pharma was the top loser in the Sensex pack, plunging over 7%, followed by SBI, Bajaj Finserv, Bajaj Finance, NTPC, ICICI Bank, Kotak Bank, M&M and Maruti.

Meanwhile, market sentiment was also weakened after the release of core sector data. The output of eight core infrastructure sectors contracted for the fifth consecutive month, dropping 9.6% in July, mainly due to a decline in production of steel, refinery products and cement. Investors are now awaiting gross domestic production (GDP) data, scheduled to be released later in the day.

"The change in margin system and securities pledge-repledging could undoubtedly bring disruptions in volumes of daily trading as there is insufficient preparation and validation by the participants in this system - viz Exchanges, Depositories, Depository participants, Clearing corp, Brokers and clients," said Deepak Jasani of HDFC Securities.

"We could witness further polarization of stocks in the markets for some time with the top 200-300 stocks seeing the most depth and liquidity. The securities currently pledged with the brokers need to undergo the new process, which so far is not smooth going by the runs conducted so far. Hence large traders are unsure as to whether they will have limits to trade on September 1 which may lead to volume drop in both Cash and F&O segments that may last a few days/weeks," he added.31

PREV CLOSE

10:0012:0014:0016:0009:0012:0015:0038,00038,50039,00039,50040,00040,5000320M

Manish Hathiramani, Index Trader and Technical Analyst, Deen Dayal Investments, said: "If we break 11300 on a closing basis, the markets might turn negative in the short - medium-term scenario. In order to resume the uptrend, we need to get past 11,600. The next few sessions are going to be a test of discipline, skill and patience. Traders are cautioned not to jump into a trade without weighing the risks associated with the trade. We could see sharp movements." (With Agency Inputs)