Covid jab to pregnant women, SC issues notice on DCPCR plea


New Delhi, Sep 20 | The Supreme Court on Monday issued notice to the Centre on a plea by the Delhi Commission for Protection of Child Rights (DCPCR) raising the issue of Covid vaccination for pregnant and lactating women.

Advocate Vrinda Grover, representing DCPCR, submitted before a bench comprising justices D.Y. Chandrachud and B.V. Nagarathna that after the petition was filed in May this year, the Centre had issued operational guidelines on vaccination for pregnant and lactating women. She added, however, now they say that there may be some adverse effect on them due to vaccination.

She contended that there is a need to declare women with such conditions as high-risk categories. Grover added there is a need to conduct continuous research on the effects of vaccination on them, along with creation of a platform for pregnant and lactating mothers to register, which is necessary for effective monitoring.

The bench said it will issue notice to the Union of India and sought its response in two weeks and also sought assistance of Solicitor General Tushar Mehta to apprise the court about the policy which has been formulated for the vaccination of pregnant women and lactating mothers. “Issue notice to the Union of India. The Learned Solicitor General is required to assist the court on the policy which has been formulated & applicable guidelines that are to be framed”, the bench noted in its order.

Source: IANS

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Weekly Technical Share Market Outlook

Weekly Technical Share Market Outlook

The Indian market recovered with modest gain against the resilient global cues. Throughout the week, Sensex traded in a narrow range following an uneven move. Sensex ended at 54884.66 gaining 558 points or 1.03 percent while Nifty settled at 16352.45 with 86 points or 0.53 percent on a weekly basis. While Banknifty ended at 35613.30 levels with strong bounce with an upside of 3.90 percent in a week.

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INDIA VIX has cooled off during the week with 7.01 percent and has settled at 21.48 levels. Investors and traders may watch out key events such as the RBI meet in the second week as well as the US Fed meeting likely to be on 14-15 June for monthly expiry. As corporate results are likely to end soon stocks would expect less volatility in upcoming days. In Nifty stocks, HDFCLIFE gained 9.61 percent while DIVISLAB shed 18.41 percent in a week. Sectorally Nifty Finance saw the highest gains of 4.32 percent followed by the Nifty Auto with 3.26 percent. On the flip side Nifty Pharma, Energy, Realty and PSE lose more than 3 percent each on a weekly basis. However Midcap gained 0.77 percent while Smal lcap dropped by 3.42 percent.

Technically, Nifty has formed a bullish candle on the weekly chart with a long tail suggesting strong support around 15900 levels, while on the upside 16800 may act as strong resistance. Index has taken support from the previous horizontal line & closed above 21-days Simple Moving Averages that indicates further pullback rally in the near term.

Indicators such as RSI remained in the neutral zone while MACD suggest some positive cross over observed in daily time frame suggest some sign of reversal. Coming to the OI Data, on the call side the highest OI witnessed was 16500 followed by 16800 strike prices while on the put side, the highest OI was at 16000 strike price. Overall, Nifty is having support at 16000 mark while on the upside 16500 followed by 16750 may act as an immediate resistance. While Bank nifty has support around 34300 while resistance is placed at 36800 on weekly chart.

Om Mehera
Research Associates
Choices Broking

Souce: Choice India


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