Raj govt allows schools, colleges to run with 100% capacity

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Jaipur, Nov 9 | The Rajasthan government has issued new Covid guidelines under which the government and private educational institutes of the state have been allowed to operate with 100 per cent capacity from November 15.

Also, the limit on the number of guests in wedding functions, which was 200 earlier, has been lifted now.

The new guidelines were issued on Monday evening.

Home Department principal secretary Abhay Kumar issued orders that Classes from 1st to 12th in all the government and private schools as well as the private and government universities can be started from November 15 with 100 per cent capacity. In all coaching institutes, both educational and non-educational staff will also be able to come in full capacity and students will be able to study in 100 per cent capacity.

The state government has also lifted the restrictions on the number of people attending the marriage ceremonies or other auspicious works.

Along with this, political, sports, entertainment, cultural, religious gatherings, festivals celebrations, etc., are also permitted in public places.

The Home Department said that there has been a steady decline in positive Covid cases. The state reported four new positive cases on Monday and has a total of 42 active cases so far.

Meanwhile, it said that masks shall continue to be mandatory for the general public and testing, tracking and other treatment protocols and vaccination drives will continue. It is necessary to follow parameters regarding sanitisation, social distancing and ventilation in closed places.

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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