Covaxin supplied to 30 cities in 30 days

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Hyderabad, May 25 | Bharat Biotech has supplied its Covid-19 vaccine Covaxin to 30 cities in India within 30 days, a top company official said on Tuesday.

“Covaxin reaches 30 cities within 30 days,” tweeted Suchitra Ella, Co-founder and Joint Managing director of Bharat Biotech.

“All our employees are committed, working 24×7 through lockdowns for the country’s immunisation – please send your prayers to their families, some are still quarantined and off work,” she wrote.

The Hyderabad-based firm dispatched vaccine doses to private hospitals in 30 cities, including Delhi, Mumbai, Chennai, Kolkata, Hyderabad, Bengaluru, Visakhapatnam, Goa, Pune, Amritsar and Guwahati.

Earlier on May 12, Suchitra Ella had said that it was disheartening to hear some states complaining about Bharat Biotech’s intentions regarding supply of Covaxin.

“Covaxin dispatched 10/5/21. 18 states have been covered though in smaller shipments. Quite disheartening to the teams to hear some states complaining about our intentions,” she had tweeted.

“Fifty of our employees are off work due to Covid, yet we continue to work under pandemic lockdowns 24×7 for you,” she wrote.

The vaccine maker had earlier announced that it is directly supplying Covaxin to 18 states since May 1.

The company, however, has not come out with details of the supplies like the number of doses supplied to the states.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

On a weekly expiry day, Nifty opened on positive note and have a dip to make an intraday low at 15367.50 level but showed bounce back moment as managed to close at 15556.65 level with a gain of 143 points. Bank Nifty closed the session at 33135 level with a gain of 289.70 points. 45 Out of Nifty 50 ended in green which suggest broad based buying.

All the sectoral indices managed to close in green expect Energy while Nifty Auto was top gainer. Among Nifty Stock, MARUTI, EICHERMOT, HEROMOTOCO & M&M were the top gainers, While RELIANCE, COALINDIA, POWERGRID & GRASIM were the prima laggards. India VIX closed at 20.88 level with a loss of 1.97%. On Technical Front, The Nifty has formed bullish candle but faced resistance at 21 Four-Hourly Moving Average i.e., 15647 which suggest crossing above the same can show more upside rally.

Nifty has been trading in range of 15200-15700 level while breaching either side can suggest further direction of breakouts. Nifty has given above 50-Hourly Moving Averages which indicate it can show upside moment in the counter. On the Nifty OI Data, On the call side ,the highest OI witnessed at 16000 level while on the put side was at 15500 Niftg level followed by 15300 levels. The momentum indicators Stochastic is trading with a positive crossover on a daily chart which suggest northward journey in the Nifty.

The Nifty may find support around 15200 levels while on the upside 15700 may act as an immediate hurdle. On the other hand, Bank Nifty has support at 32300 levels while resistance at 33800 levels.

Overall, Sector specific momentum has been observed, crossing above 15700 Nifty can show more upside rally.

Market entering into buy on dips pattern.

Palak Kothari
Senior Technical Analyst
Choice Broking

Source: Choice India

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The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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