Delta variant threat looms large in Karnataka


Bengaluru, July 16 | Amid the increase in the number of cases infected with the Delta variant in neighbouring Maharashtra and Kerala, 725 people have been found affected by this variant in Karnataka.

Among the 752, Bengaluru accounts for the maximum number 525. A total of 77 cases are from Vijayapura district, and the coastal district of Udupi recorded 40 cases of Delta variant.

Even as NIMHANS and National Centre for Biological Sciences are involved in genomic sequencing, tracking primary and secondary contacts of affected persons with Delta variant is proving to be a challenge for the authorities in Bengaluru, Vijayanagar and Udupi.

Meanwhile, about 652 children getting affected with normal coronavirus has put the authorities on their toes. Between July 5 and July 14, about 86 cases involving a newborn to 5 years, 109 cases between 5 years to 10 years, 296 children of 11 and 18 years of age and 161 between the ages of 19 to 20 years were found to be affected with coronavirus.

“Parents freely mingling with children is causing the spread of the infection,” explained Indian Pediatric Doctors Association, Bengaluru President and BBMP Child Expert Committee member Dr Mallikarjun. “However, whether it is normal coronavirus or Delta variant, if the family member who comes in contact with people restricts himself to a room and if he is being watchful of symptoms, the spread can be checked to a great extent,” he underlined.

Half of the people affected with Delta variant (a.1.617.2) do not get any symptoms and remaining will have normal symptoms of cold, cough, fever, breathlessness, loose motion and serious lung infection and those who are detected with Delta require hospitalization in most cases. About 725 Delta cases were found in genome sequencing examinations.

D. Randeep, Special Commissioner (Health) allayed fears of spread of Delta in the city and said, “The normal Covid infection found among children is less than 10 per cent which is not a cause of worry. Affected children have asymptomatic features and are being treated at homes without any complications. People need not fear about the spread of Delta variant among children.”

Source: IANS

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Share Market Closing Bell: Market ends marginally lower amid volatility

Share Market Closing Bell: Market ends marginally lower amid volatility

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.

Om Mehra
Research Associate
Choice Broking

Source: Choice India


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