MP reports 48 new Covid cases, 66% in Indore alone

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Bhopal, Dec 29 | Madhya Pradesh on Wednesday reported 48 new Covid cases in the last 24 hours, out of which 32 new infections were registered in Indore alone, while capital city Bhopal reported in single digit (6).

The remaining 10 cases were reported in districts — Ujjain, Jhabua and Jabalpur each reporting two cases, while Narsinghpur, Gwalior, Khargone and Ratlam reported one case each.

As the state government reviewed the situation on Tuesday, Madhya Pradesh’s commercial capital — Indore witnessed a slight surge in new cases, especially in the last one week.

As per the official data, in the last one week (between December 22 and December 28), a total of 139 Covid cases were registered in Indore and 65 in Bhopal. Similarly, in the month of December so far, a total of 631 people were found infected with Covid-19, of which 279 were reported in Indore and 211 in Bhopal.

As per official information, nine cases of new variant, Omicron were reported alone in Indore, of which 7 are reported to have recovered so far. On Tuesday, the state reported 42 new cases, of them 27 were in Indore.

The total active cases of Covid-19 in Madhya Pradesh has risen to 307, so far, as per the state government’s data.

Since the first wave of the Covid-19 pandemic, a total of 7,98,809 people were found infected with the Coronavirus out of which 7,82,969 have recovered, till date. A total of 10,533 people have lost their lives due to Covid in the state so far.

The government has imposed a night curfew (between 11 p.m. and 5 a.m.) on December 23.

Source: IANS

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Share Market Closing Bell: Market ends marginally lower amid volatility

Share Market Closing Bell: Market ends marginally lower amid volatility

Dalal Street witnessed tug of war between bulls and bears as Sensex settled at 54208.53 losing 109 points or 0.20 percent and Nifty ended at 16240.30 with loss of 19 points. Bank nifty closed the session at 34163.70 levels with loss of 138 point after erasing early session gain.

BSE Midcap and BSE Small cap indices turned flat after rising around half a percent each. On the sectorial front, Nifty Pharma and FMCG have contributed a percent each on a closing basis. On the flip side Nifty Realty, Nifty PSE ended with losses of 1.75 percent and 1.73 respectively. In Nifty stocks, TATACONSUM, CIPLA and ADANI PORT were the top gainers while POWERGRID, BPCL and TECHM were the prime laggards.

In the daily chart Nifty has ended with a bearish candle. However 16200 levels are protected throughout the day. Index might face high volatility on weekly expiry day. Riding against the trend may not be beneficial for short term traders. According to volume profile 16100 and 16000 may act as immediate support.

Indicators such as MACD and RSI are still struggling to overcome from oversold zone in the daily time frame. From the time cycle prospect Index would remain highly volatile till 27th May of this month. Bollinger band indicates 16650 would remain strong resistance in coming days. On the other hand, Bank nifty has support at 33400 levels while resistance at 35000 levels.

Om Mehra
Research Associate
Choice Broking

Source: Choice India

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