Delhi-NCR air quality to improve in next 2 days

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New Delhi, Nov 19 | Delhi-NCR’s air quality is likely to improve on Saturday and Sunday owing to relatively strong winds and will settle down at the lower end of the ‘very poor’ and ‘poor’ categories, authorities said on Friday.

In a statement, the air quality early warning system for Delhi of the Ministry of Earth Sciences said: “The air quality over Delhi-NCT is likely to remain in ‘very poor’ category today (Friday), but is likely to improve and reach in the lower end of ‘Very Poor’ category on Saturday.

“The air quality is likely to improve significantly from Sunday owing to relatively strong winds and reach in the ‘poor’ category. PM2.5 to be the predominant pollutant.”

Delhi witnessed a misty morning on Friday and as per the India Meteorological Department (IMD), the maximum temperature of the day will settle at 26 degrees Celsius with a minimum of 11 degrees.

On Thursday, the maximum temperature was recorded at 26.8 degrees Celsius and the minimum at 10.9 degrees Celsius — one notch below the normal.

The relative humidity at 9 a.m. was recorded at 81 per cent.

As per the System of Air Quality and Weather Forecasting And Research (SAFAR), the overall Air Quality Index (AQI) of the national capital at 9 a.m. was 348, while on Thursday it was recorded at 362.

An AQI between zero and 50 is considered ‘good’; 51 and 100 ‘satisfactory’; 101 and 200 ‘moderate’; 201 and 300 ‘poor’; 301 and 400 ‘very poor’; 401 and between 500 is considered ‘severe’.

The level of PM 2.5 and PM 10 pollutants at 9 a.m. was recorded at 66 and 128, respectively.

Source: IANS

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Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

On the back of Global Clues and SGX, Nifty opened on a gap down note & continued downside momentum throughout the day and closed the session at 15809.40 level with a loss of 430.90. However, Bank nifty closed the session at 33315.65 level with a loss of 848.05 points.

India VIX closed at 24.56 up by 10.13% which is a sign of more volatility in upcoming sessions.47 stocks out of NIFTY 50 closed in RED which suggest broad based selling. All the sectoral indices were ended in the red with metal, IT indices down 4-5 percent.

Despite one way fall, Stocks like ITC, DRREDDY, POWERGRID were the top gainers, While WIPRO, HCLTECH, INFY, TCS & TECHM were prime losers. On a daily chart, Nifty has formed a Bearish candle which indicates downside momentum for an upcoming session. Moreover, Nifty is showing support from horizontal line i.e., 15750 levels which is make or break level. In addition, Nifty has been sustained above the 21-Monthly Moving Average which indicates a bounce back from lower levels can be seen.

However, the momentum indicators MACD & Stochastic were trading with a negative crossover & trading in oversold zone which is a sign of sideways to negative trend in Nifty. The Nifty may find Strong support around 15700 levels, breaching below it can show more downside till 15500 levels while on the upside 16000 may act as an immediate hurdle. On the other hand, Bank nifty has support at 32800 levels while resistance at 34500 levels.

Palak Kothari
Research Associate
Choice Broking

Source: Choice India

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