Changsha, July 30 | Zhangjiajie, a famous tourist city in central China’s Hunan Province, planned to close all its tourist sites on Friday morning after the recent resurgence of Covid-19 case in the city.
Zhangjiajie started massive nucleic acid testing in three regions on Wednesday, said Wang Jianghua, director of the municipal health commission, at a press briefing on Thursday.
As of 6 p.m. Thursday, over 226,000 people had samples taken from them, and more than 120,200 tests had been completed, with one positive result, added Wang.
The person with the positive testing result was later diagnosed as a confirmed Covid-19 case on Thursday, the Xinhua news agency reported.
In the past days, several Chinese cities reported a spike in Covid-19 infections. Several of them had travel histories to Zhangjiajie.
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.
Source: Choice India