Haryana Governor dispatches 4,000 kits to fight Covid-19


Chandigarh, Jan 17 | Haryana Governor Bandaru Dattatraya on Monday flagged off two trucks containing 4,000 hygiene kits prepared by the Indian Red Cross Society for 22 districts to check the spread of Coronavirus.

Each kit contains items like soap, oil, toothpaste, toothbrush, napkin etc. Each district will get 150 to 200 kits.

Dattatraya said the use of masks, social distancing and cleanliness are very important to prevent the spread of the virus. He said the kits would reach the poorest of the poor in all the districts so that they also become aware of the best practices to check the spread of Coronavirus.

He said the workers of the Red Cross Society have done a commendable job by being among the public during the pandemic and helping them in more ways than one. A total of 6,000 volunteers of the Indian Red Cross Society are working for spreading awareness about vaccination to check the third wave of the pandemic.

Dattatraya said 500 oxygen concentrators have also been made available in the districts by the Indian Red Cross Society.

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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