Global Covid caseload tops 259.3 mn

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Global Covid caseload tops 259.3 mn
Global Covid caseload tops 259.3 mn

Washington, Nov 25 | The global Covid caseload has topped 259.3 million, while the deaths have surged to more than 5.17 million and vaccinations to over 7.48 billion, according to Johns Hopkins University.

In its latest update on Thursday morning, the University’s Center for Systems Science and Engineering (CSSE) revealed that the current global Covid caseload, death toll and the total number of vaccine doses administered stood at 259,380,413, 5,173,924 and 7,486,985,605, respectively.

The US continues to be the worst-hit country with the world’s highest number of cases and deaths at 48,090,894 and 775,369, respectively according to the CSSE.

The second worst-hit country in terms of cases is India (34,535,763 infections and 466,584 deaths), followed by Brazil (22,043,112 infections and 613,339 deaths).

S.Korea’s daily Covid 19 cases fall below 4,000; deaths at record highs

The other worst countries with over 5 million cases are the UK (10,028,639), Russia (9,270,885), Turkey (8,654,142), France (7,586,146), Iran (6,092,822), Germany (5,547,311), Argentina (5,319,867), Spain (5,111,842) and Colombia (5,055,253), the CSSE figures showed.

Nations with a death toll of over 100,000 are Mexico (292,850), Russia (262,733), Peru (200,931), the UK (144,728), Indonesia (143,766), Italy (133,415), Iran (129,280), Colombia (128,236), France (119,686) and Argentina (116,458).

Source: IANS

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Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Share Market Closing Bell: Nifty ends below 16,100, Sensex falls 303 pts

Dalal Street found no relief with incessant sell off during the month. Nifty traded on a bearish note and ended at 16025.80 with loss of 99.35 points or 0.62 percent following weak global cues on Wednesday. While Banknifty closed at 34339.50 on the higher side with marginal gain of 49.35 points.

bhaskarlive market closing

The weakness in US stocks is playing out globally with signs of higher inflation, which has spoiled investors’ appetite for the Indian market as well. Rising India VIX to 25.28 has led Indices to big intraday swings on both sides. Sectorally maximum sectors closed on the negative side as Nifty IT and Nifty Media sheds more than 3 percent each. While Nifty Financial Services ended on a positive side gaining 0.68 percent.

In nifty stocks, NTPC, HDFCLIFE, SBILIFE were the top gainers while ASIANPAINT, ADANIPORT and TECHM were the prime laggards. Coming to the OI Data, on the call side highest OI witnessed at 16200 followed by 16300 strike price while on the put side, the highest OI was at 15800 strike price. Technically, Nifty has formed three black crow patterns in the daily chart suggesting bearishness would remain intact. We expect a rise in volatility as well on monthly expiry day.

Riding against the trend may not be beneficial for short term traders. All major moving averages are lying above 16300 levels. Indicators such as MACD and RSI are still struggling to overcome the oversold zone in the daily time frame. Overall, Nifty is having support at 15800 mark while on the upside 16300 may act as an immediate resistance for monthly expiry. While Banknifty has support around 33500 while resistance is placed at 35200 on the daily chart.

Om Mehra
Research Associate
Choice Broking

Source: Choice India

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