Copenhagen, May 13 | The number of confirmed Covid-19 deaths in Europe has exceeded two million, the World Health Organization (WHO) Regional Office said.
The cumulative number of confirmed Covid-19 cases in the region has surpassed 218 million, and 2,003,081 deaths have been reported, reports Xinhua news agency.
“While this number is devastating, it represents a fraction of the overall deaths directly and indirectly associated with Covid-19, as the WHO’s report on excess mortality during the pandemic has shown,” the Office said in a statement.
It noted that although the number of new infections is decreasing in the region, Covid-19 remains a lethal virus, particularly for unvaccinated and clinically vulnerable individuals.
WHO Europe urged the broad public to take immediate and long-term action on multiple fronts.
“These include protecting the most vulnerable, continuing to monitor the virus and its spread, keeping health systems ready for any developments of the pandemic, and tackling its long-term impacts,” it said.
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.
Source: Choice India