Delhi reports a Covid death after 8 days, logs 28 fresh cases


New Delhi, Sep 16 | The national capital on Thursday reported a Covid death after eight days, as well as 28 fresh cases.

With the new cases and fatality, the case tally has gone up to 14,38,373, and the death toll to 25,084, according to the Delhi Health Department bulletin.

The number of active cases stand at 409, of which 110 are being treated in home isolation.

A total of 22 Covid patients were discharged in the last 24 hours, taking the total number of recoveries to 14,12,880, the bulletin said.

According to the bulletin, the city has reported slight surge in Covid infection rate which currently stands at 0.028 per cent, while the recovery rate continues to be at 98.22 per cent, and the death rate 1.74 per cent.

Delhi has a total 94 containment zones currently.

A total of 72,481 new tests – 49,734 RT-PCR and 22,747 Rapid Antigen – wer conducted, taking the total to 2,67,47,181 so far.

A total of 1,37,846 vaccines were administered in the last 24 hours, including 83,096 first doses, and 54,750 second doses.

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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