Recoveries from Covid cross 28-lakh mark in Karnataka

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Bengaluru, July 13 | With 3,204 patients discharged, recoveries from Covid cross the 28-lakh mark across Karnataka, while 1,386 new cases were registered in a day, said the state health bulletin on Monday.

“Discharge of 3,204 patients shot up recoveries to 28,01,907, while 1,386 new cases registered on Sunday increased the state’s Covid tally to 28,72,684, including 34,858 active cases,” said the bulletin.

As epicentre of the pandemic in the state, Bengaluru, however, reported only 319 fresh cases on Sunday, taking its Covid tally to 12,19,697, including 12,985 active cases, while recoveries rose to 11,90,966, with 784 patients discharged in the last 24 hours.

Out of 1,09,399 tests conducted across the state during the day, 18,496 were through rapid antigen detection and 90,903 were through RT-PCR method.

Positivity rate declined to 1.26 per cent while case fatality rate rose to 4.40 per cent across the state on Sunday from 2.83 per cent CFR on Saturday.

Meanwhile, 2,03,562 people, including 95,868 above 45 years and 1,02,783 in the 18-44 years age group were vaccinated across the state during the day.

“Cumulatively, 2,58,30,507 beneficiaries, including senior citizens above 60 years, healthcare workers and frontline warriors received the dose since the vaccination drive was launched across 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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