Australia rejects Djokovic’s visa


SYDNEY, Jan 6 | World No.1 tennis player Novak Djokovic’s visa to enter Australia has been cancelled with authorities reportedly intending to deport the Serbian athlete later on Thursday, reports Xinhua news agency.

In a tweet on Thursday morning, Australian Prime Minister Scott Morrison wrote: “Mr Djokovic’s visa has been cancelled. Rules are rules, especially when it comes to our borders. No one is above these rules. Our strong border policies have been critical to Australia having one of the lowest death rates in the world from COVID, we are continuing to be vigilant.”

The visa cancellation is the latest twist in a fast-evolving saga that has seen the 20-time grand slam winner being held at Melbourne’s International Airport since his arrival late on Wednesday.

Djokovic had landed in the Victorian capital to defend his Australian Open crown, with the tournament due to start on January 17.

His arrival in Australia, deep within an unprecedented spike in COVID-19 cases, has sparked controversy with accusations of the star having received privileged treatment to be allowed to play in Australia.

Djokovic, 34, has refused to reveal his vaccination status, but last year said he was “opposed to vaccination”.

All Australian Open participants must either be fully vaccinated or apply for and secure a medical exemption in order to enter Victoria without undertaking the mandatory 14-day quarantine.

On Tuesday, the Australian Open said the reigning title holder had applied for a medical exemption which was granted following a review process involving two separate panels of medical experts.

Tennis Australia Chief Executive Craig Tiley said the exemption granted to Djokovic was the same one that anyone else could get under the Australian Technical Advisory Group on Immunisation (ATAGI) guidelines.

Sources on Thursday morning said Djokovic’s lawyers intend to challenge the latest visa decision, according to local media.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India



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