Global Covid-19 caseload tops 198.8 mn

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Washington, Aug 3 | The overall global Covid-19 caseload has topped 198.8 million, while the deaths have surged to more than 4.23 million and vaccinations soared to over 4.14 billion, according to the Johns Hopkins University.

In its latest update on Tuesday morning, the University’s Center for Systems Science and Engineering (CSSE) revealed that the current global caseload, death toll stood and vaccination tally stood at 198,861,345, 4,234,771 and 4,145,739,667, respectively.

The US continues to be the worst-hit country with the world’s highest number of cases and deaths at 35,129,562 and 613,670, respectively, according to the CSSE.

In terms of infections, India follows in the second place with 31,695,958 cases.

The other worst countries with over 3 million cases are Brazil (19,953,501), Russia (6,230,482), France (6,218,526), the UK (5,929,880), Turkey (5,770,833), Argentina (4,947,030), Colombia (4,801,050), Spain (4,502,983), Italy (4,358,533), Iran (3,940,708), Germany (3,779,797) and Indonesia (3,462,800), the CSSE figures showed.

In terms of deaths, Brazil comes second with 557,223 fatalities.

Nations with a death toll of over 100,000 are India (424,773), Mexico (241,034), Peru (196,438), Russia (157,496), the UK (130,039), Italy (128,088), Colombia (121,216)), France (112,107) and Argentina (106,045).

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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