Indonesia reports 633 new Covid cases; 43 deaths


Jakarta, Oct 21 | The number of Covid-19 cases in Indonesia rose by 633 within a day to 4,237,834, with the death toll adding by 43 to 143,120, the country’s Health Ministry said on Thursday.

According to the ministry, 1,372 more people were discharged from hospitals, bringing the total number of patients recovering from Covid-19 to 4,079,120, Xinhua news agency reported.

To date, at least 110.40 million people in Indonesia have taken their first doses of the Covid-19 vaccines, and 65.17 million have been fully vaccinated. Some 1.08 million have received their third doses, the ministry added.

For air transportation, more than 70 per cent of the passenger capacity has been allowed, said the spokesperson of the Ministry of Transportation Adita Irawati on Thursday.

“However, all airlines are still required to provide three rows of seats as quarantine areas for passengers who are indicated to have Covid-19 symptoms,” Irawati told a virtual press conference.

Indonesia continues to relax its public mobility restrictions as cases of coronavirus have fallen by 99 per cent compared to the peak of the second wave of transmissions on July 15.

The Southeast Asian country has also opened direct flights for travellers from 19 countries with a coronavirus transmission rate of less than 5 per cent to revive its tourism sector.

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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