Agra, Sep 3 | It’s been an unusually busy week for the snake catchers in Agra as the city saw several good spells of rain this week.
The Wild Life SOS rescue team members remained on their toes responding to distress calls alerting the team about snakes, monitor lizards and even turtles that were sighted in the unlikeliest of places.
The Wild Life SOS Rapid Response Unit has rescued 20 reptiles including a five-foot-long Indian rock python from Pathak Hospital in Bichpuri, a four-foot-long cobra from Anand Engineering College premises, and a six-foot-long Indian rat snake from Gandhi Ashram in Runakta.
The NGO also rescued two Wolf snakes from Jeoni Mandi and Loha mandi snakes.
A total of 4 Indian rock pythons, 4 cobras, 7 wolf snakes, 4 rat snakes, one monitor lizard and one flap shell turtle have been rescued during the week.
Kartick Satyanarayan, Co-founder and CEO, Wildlife SOS, said, “The rains have prompted an increase in the reptile sightings. As common shelters for snakes and monitor lizards are flooding, they are looking for safe and dry land, thus inadvertently being spotted in residential areas.”
Baiju Raj M.V., Director, Conservation Projects for Wildlife SOS, said, “We get maximum calls for reptile rescues during the monsoon season and we end up responding to more than 10 calls a day! We request people to keep supporting our cause and report any such sighting on our helpline.”
All the snakes were kept under observation for a few hours and later released back into their natural habitat.
The Indian market recovered sharply on the last trading day amid the weekend after a continuous fall. Market has managed to halt above 16000 Nifty levels after continuous losing streak. Index reacted violently, grasping Indian as well as global factors throughout the week. Simultaneously, Inflation is catching up and profit margins are taking a hit.
Sensex advanced 1532 points or 2.90 percent while Nifty gained 484 points or 3.07 percent in a week. Simultaneously, Bank nifty has overcome bear’s dominance ending the session with 3.49 percent gain. Sectorally,Nifty Metal saw the highest gains of 7.40 percent followed by the Realty and Auto added over 4% gain. On the flip side Nifty IT tumbled 2.82 percent on weekly basis. Midcap and Small Cap measures rising nearly 2 percent as well.
In Nifty stock, EICHERMOT gained 11.31% while TECHM lost 5.98% on a weekly basis. INDIA VIX closes at 23.10 suggests volatility driven market is going to remain intact. Coming to the OI Data, on the call side highest OI witnessed at 17000 Nifty followed by 16800 Nifty strike price while on the put side, the highest OI was at 16000 Nifty followed by 15800 Nifty strike price. Technically, Nifty has formed a Tweezer Bottom type pattern in the weekly chart suggesting a short term buying rally may drive the market until monthly expiry. On the daily chart, price has rebounded from the lower Bollinger band as well.
Momentum indicators MACD & Stochastic were trading with a positive crossover & reversed from oversold zone. However, Index is still struggling to get the support of 50 Simple Moving Average in daily chart. Short term investors and traders are advised to work with option strategies to neutralize the volatility. Overall, Nifty is having support at 15700 mark while on the upside 16700 followed by 16500 may act as an immediate resistance. While Bank nifty has support around 32500 while resistance is placed at 36000 on weekly chart.
Source: Choice India