Gandhi's personal effects, documents to be
auctioned in UK From H S Rao London, May 2 (PTI) Mahatma Gandhi's
personal effects and documents, including his prayer beads, drinking
cup, bed sheet and ivory-carved 'Three Wise Monkeys', will go under the
hammer in the UK this month. Articles included in the sale are those
which belonged to the Father of the nation when he was recovering from
illness at Juhu in 1924. The articles up for sale in Ludlow, include
his personal prayer beads, shawl, made from linen thread he spun
himself, bed sheet, personal bowl with fork and spoon, personal drinking
cup and even his personal ivory-carved 'Three Wise Monkeys'. The sale
takes place on May 21, during the next Mullock's Auction of important
historical documents at Ludlow Racecourse in the English Midlands. Also
in the sale is Gandhi's will and power of attorney which he wrote in
1921, and a series of important letters. One of these, written in 1937
settles a highly controversial dispute which was taking place within the
Indian National Congress. There are also original portraits and
photographs of Gandhi, some of which have been personally signed by him.
In addition to the items of Gandhian interest, the sale also features a
wealth of documents, paintings and artifacts relating to India and the
Punjab. These include rare original photographs of Maharajah Duleep
Singh, one of which shows him with the young Edward VII.
Correlating the ups and down in the Indian rupee with the stock market, Vijay Bhambwani, CEO, bsplindia.com, suggests that if the rupee continues with its downward fall, the Indian stock market may fall breach October lows and fall further. “If the rupee falls below the 53.0-53.50 mark vis-a-vis the USD, expect a mini meltdown atleast in the equity markets. In that case, the 2250 level (on Nifty) will be breached easily to form a new low. The possibility of that low being below the 2000 levels on the Nifty spot is fairly high,” he says. Bhambwani supports his outlook by comparing the value of rupee at the time of October lows. “The October 2008 lows were made with the INR at 51.20 - 51.40 band. The rupee has breached the 52 level since then. Clearly the nation’s ‘share price’ (currency) indicates weakness. The curency market is a far more accurate barometer of the nation’s health compared to the equity indices. Whether you like it or not, we are under siege. Had it not been March (NAV ...
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