Andhra reports 18,561 new Covid cases, 109 deaths

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Amaravati, May 17 | Low testing and less number of positive cases marked the Covid scene in Andhra Pradesh over the 24 hours ending 10 a.m. on Monday.

Out of the 73,749 samples tested in this time period, 18,561 returned positive, state health officials said on Monday.

In comparison, around 1.15 lakh tests were conducted on an average everyday, while the average daily Covid tally hovered above the 20,000-mark. In fact, the state reported its highest single-day tally of 24,172 Covid cases on Sunday.

On Monday, one district reported 3,000-plus cases, two districts reported Covid numbers in excess of 2,000, six districts reported above 1,000 cases each, while the remaining four districts had three-digit tallies.

East Godavari reported the highest tally of 3,152 cases, followed by Visakhapatnam (2,098) and Anantapur (2,094).

The districts which reported more than 1,000 cases each included Guntur (1,639), Chittoor (1,621), Srikakulam (1,287), Nellore (1,282), West Godavari (1,185) and Prakasam (1,116).

Meanwhile, 109 persons succumbed to the pandemic during the same timeframe.

West Godavari with 16 deaths reported the highest toll, while YSR Kadapa with three deaths reported the lowest fatalities on Monday.

Following the high number of deaths, the state’s cumulative death toll jumped to 9,481 while the cumulative tally of Covid cases mounted to 14,54,052.

So far, the state has conducted 1,80,49,054 tests.

On a positive note, 17,334 people recovered from the virus in the 24-hour cycle, taking the state’s total number of recoveries to 12,33,017.

Andhra Pradesh presently has 2,11,554 active cases.

Source: IANS

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Share Market Closing Bell: Market ends marginally lower amid volatility

Share Market Closing Bell: Market ends marginally lower amid volatility

Dalal Street witnessed tug of war between bulls and bears as Sensex settled at 54208.53 losing 109 points or 0.20 percent and Nifty ended at 16240.30 with loss of 19 points. Bank nifty closed the session at 34163.70 levels with loss of 138 point after erasing early session gain.

BSE Midcap and BSE Small cap indices turned flat after rising around half a percent each. On the sectorial front, Nifty Pharma and FMCG have contributed a percent each on a closing basis. On the flip side Nifty Realty, Nifty PSE ended with losses of 1.75 percent and 1.73 respectively. In Nifty stocks, TATACONSUM, CIPLA and ADANI PORT were the top gainers while POWERGRID, BPCL and TECHM were the prime laggards.

In the daily chart Nifty has ended with a bearish candle. However 16200 levels are protected throughout the day. Index might face high volatility on weekly expiry day. Riding against the trend may not be beneficial for short term traders. According to volume profile 16100 and 16000 may act as immediate support.

Indicators such as MACD and RSI are still struggling to overcome from oversold zone in the daily time frame. From the time cycle prospect Index would remain highly volatile till 27th May of this month. Bollinger band indicates 16650 would remain strong resistance in coming days. On the other hand, Bank nifty has support at 33400 levels while resistance at 35000 levels.

Om Mehra
Research Associate
Choice Broking

Source: Choice India

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