The Nifty 50 started Thursday's session on a positive note and touched an intraday high of 24,134.70 in early trade. This level marked nearly a 61.8% retracement of the previous day's decline. However, the index failed to sustain at higher levels and gave up more than 150 points from the day's high in the second half of the session. Despite this late weakness, the index ended higher by 80.75 points, or 0.34%, and snapped its two-day losing streak. However, the close below the psychological 24,000 mark kept the recovery muted. Nifty Forms Inside Candle Thursday's price action resulted in the formation of an inside candle. This came after the previous session recorded the widest single-day range in over one month. The latest candle had a small green body and a long upper shadow, which indicates hesitation at higher levels. This suggests that while buying interest emerged after the recent decline, traders were not confident enough to carry positions aggressively. ...
Aam Aadmi Party chief Arvind Kejriwal on Saturday admitted that he could not fulfil three promises - cleaning of Yamuna river, providing clean drinking water and making Delhi's roads of European standard.
He said these tasks will be carried out in the next five years if AAP is re-elected in the assembly polls.
Addressing a gathering in Laxmi Bai Nagar, Mr Kejriwal reminded people of his promises and assured that the AAP government is working towards their completion.
"I am truthful to my promises. Either I fulfil them or I remind them that I promised but couldn't do it. I could not fulfill three promises - first cleaning the Yamuna, second, providing clean drinking water and third making Delhi's roads of European standards.
Mr Kejriwal said the work of cleaning Yamuna will be accomplished in two to three years.
"A lot of work has been done...Yamuna will be cleaned in the next two to three years. About 24-hour drinking water supply, this has been started in a colony of Rajendra Nagar. I inaugurated it...Now we will do it for all areas of Delhi. We will improve the quality of roads. All these 3 works will be completed in the next five years," he said.
Mr Kejriwal spoke of the AAP government's work for improving schools and the power situation.
"In the summer of 2014, there used to be power cuts for 10 hours. We have made sure that Delhi receives electricity for 24 hours. BJP has government in 20 states yet they don't provide electricity for 24 hours. Delhi also has the cheapest electricity," Mr Kejriwal said.
"We have provided good education to children. No government focused on government schools. We have built amazing government schools. Last year the result of government schools was 99.7 per cent. Private schools had 92 per cent results. I believe there's no bigger patriotic work than providing free and good education," he added.
Delhi Assembly elections will be held on February 5 and votes will be counted on February 8.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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