Indoor mask mandate to be lifted for US capital

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Washington, Nov 17 | The indoor mask mandate will be lifted for the US capital, Washington DC, beginning November 22, the city’s mayor announced.

Although citizens can decide for their own whether to wear masks in most indoor settings, masks are still required in private businesses that require so, public transportation, schools and congregate housing facilities such as nursing homes and correctional facilities, as well as DC government facilities such as department of motor vehicles facilities, according to the announcement by Mayor Muriel Bowser’s office, Xinhua news agency reported.

“Instead of following a blanket mandate, residents, visitors, and workers will be advised to follow risk-based guidance from DC Health that accounts for current health metrics and a person’s vaccination status,” read the statement.

The mayor encouraged citizens of the nation’s capital who are eligible for Covid-19 vaccination to get their shots immediately, adding those who are eligible to receive the booster shot should also do it as soon as possible.

One of the strictest in the nation, DC’s mask mandate has been in place since July when the Delta variant caused a flareup in virus cases.

On Tuesday, the seven-day average of daily new cases per 100,000 people was 12, down 1 percent from a week earlier.

Source: IANS

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Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

On the back of Global Clues and SGX, Nifty opened on a gap down note & continued downside momentum throughout the day and closed the session at 15809.40 level with a loss of 430.90. However, Bank nifty closed the session at 33315.65 level with a loss of 848.05 points.

India VIX closed at 24.56 up by 10.13% which is a sign of more volatility in upcoming sessions.47 stocks out of NIFTY 50 closed in RED which suggest broad based selling. All the sectoral indices were ended in the red with metal, IT indices down 4-5 percent.

Despite one way fall, Stocks like ITC, DRREDDY, POWERGRID were the top gainers, While WIPRO, HCLTECH, INFY, TCS & TECHM were prime losers. On a daily chart, Nifty has formed a Bearish candle which indicates downside momentum for an upcoming session. Moreover, Nifty is showing support from horizontal line i.e., 15750 levels which is make or break level. In addition, Nifty has been sustained above the 21-Monthly Moving Average which indicates a bounce back from lower levels can be seen.

However, the momentum indicators MACD & Stochastic were trading with a negative crossover & trading in oversold zone which is a sign of sideways to negative trend in Nifty. The Nifty may find Strong support around 15700 levels, breaching below it can show more downside till 15500 levels while on the upside 16000 may act as an immediate hurdle. On the other hand, Bank nifty has support at 32800 levels while resistance at 34500 levels.

Palak Kothari
Research Associate
Choice Broking

Source: Choice India

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