Recoveries from Covid cross 27 lakh in Karnataka

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Bengaluru, June 29 | As proof of the pandemic’s second wave waning, recoveries from Covid crossed 27 lakh in Karnataka, while 93 died of the infection, said the state health bulletin on Monday.

“Recoveries rose to 27,04,755 so far, with 5,933 patients discharged during the day, while 2,576 new cases on Sunday increased the state’s Covid tally to 28,37,206, including 97,592 active cases,” said the bulletin.

As the epicentre of the pandemic in the state, Bengaluru reported 563 fresh cases on Sunday, taking its Covid tally to 12,11,993, including 62,430 active cases, while 11,33,963 recovered till date, with 1,588 discharged during the day.

The virus claimed 93 lives, including 18 in Bengaluru and 14 in Dakshina Kannada during the day, taking the state’s death toll to 34,836 since the pandemic broke out in mid-March a year ago.

After the state capital (Bengaluru), Dakshina Kannada district reported 263 new cases and Mysuru district 282 fresh cases on Sunday.

Out of 1,33,917 tests conducted across the state during the day, 26,867 were through rapid antigen detection and 1,07,050 through RT-PCR method.

Positivity rate dipped to 1.92 per cent and case fatality rate rose to 3.61 per cent across the state on Sunday.

Meanwhile, 3,33,325 people, including 1,08,279 above 45 years and 2,18,214 in the 18-44 age group were vaccinated across the state during the day.

“Cumulatively, 2,20,86,785 people, including senior citizens, healthcare workers and frontline warriors received the jab since the vaccination drive was launched in the southern state on January 16,” added the bulletin.

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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