India reports over 43K new Covid cases, 911 deaths

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New Delhi, July 9 | India recorded 43,393 new Covid-19 cases in the past 24 hours and 911 deaths, said the Union Health and Family Welfare Ministry on Friday.

Friday is the 31st consecutive day when India reported less than one lakh new coronavirus cases.

The active cases have now come down below 5 lakh. The country has 4,58,727 active cases presently and has witnessed a total of 4,05,939 deaths so far.

According to the Union Health Ministry, a total of 44,459 people have been discharged in the last 24 hours, taking the total discharge to 2,98,88,284 till date.

The Ministry said that a total of 36,89,91,222 people have been vaccinated so far in the country, including 40,23,173 who were administered vaccines in the last 24 hours.

According to the Indian Council of Medical Research, 42,70,16,605 samples have been tested up to July 8 for Covid-19. Of these 17,90,708 samples were tested on Thursday.

On July 6, India recorded 553 deaths — lowest since April 6. This was after on May 23, India saw record fatalities with 4,454 deaths in 24 hours at the peak of the second wave.

The first death in the country due to the pandemic was reported last March.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

On a weekly expiry day, Nifty opened on positive note and have a dip to make an intraday low at 15367.50 level but showed bounce back moment as managed to close at 15556.65 level with a gain of 143 points. Bank Nifty closed the session at 33135 level with a gain of 289.70 points. 45 Out of Nifty 50 ended in green which suggest broad based buying.

All the sectoral indices managed to close in green expect Energy while Nifty Auto was top gainer. Among Nifty Stock, MARUTI, EICHERMOT, HEROMOTOCO & M&M were the top gainers, While RELIANCE, COALINDIA, POWERGRID & GRASIM were the prima laggards. India VIX closed at 20.88 level with a loss of 1.97%. On Technical Front, The Nifty has formed bullish candle but faced resistance at 21 Four-Hourly Moving Average i.e., 15647 which suggest crossing above the same can show more upside rally.

Nifty has been trading in range of 15200-15700 level while breaching either side can suggest further direction of breakouts. Nifty has given above 50-Hourly Moving Averages which indicate it can show upside moment in the counter. On the Nifty OI Data, On the call side ,the highest OI witnessed at 16000 level while on the put side was at 15500 Niftg level followed by 15300 levels. The momentum indicators Stochastic is trading with a positive crossover on a daily chart which suggest northward journey in the Nifty.

The Nifty may find support around 15200 levels while on the upside 15700 may act as an immediate hurdle. On the other hand, Bank Nifty has support at 32300 levels while resistance at 33800 levels.

Overall, Sector specific momentum has been observed, crossing above 15700 Nifty can show more upside rally.

Market entering into buy on dips pattern.

Palak Kothari
Senior Technical Analyst
Choice Broking

Source: Choice India

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The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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