Telangana HC directs govt to ramp up RT-PCR testing

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Hyderabad, Jan 17 | The Telangana High Court on Monday directed the state government to ramp up daily numbers of RT-PCR tests for Covid-19.

The court asked the health authorities to conduct a lakh RT-PCR tests every day. It also directed them to provide separate details about the RT-PCR and Rapid Antigen tests in the daily Covid bulletin.

The court gave the directions while hearing petitions related to Covid situation in the state.

A division bench comprising Chief Justice Satish Chandra Sharma and Justice N. Tukaramji underlined the need to be more alert to check the spread of Covid-19.

The court said Covid rules like social distancing and wearing of masks need to be strictly implemented.

During the hearing, Advocate General informed the court that the state Cabinet will be meeting later in the day to discuss the Covid-19 situation in the state.

The meeting to be presided over by Chief Minister K. Chandrasekhar Rao is likely to decide new measures to curb the spread of the pandemic.

The bench directed the government to submit a detailed report on the measures taken and adjourned the hearing to January 25.

The High Court’s direction on RT-PCR tests is significant as the medical and health department in its daily Covid bulletin has not been sharing the break-up of the tests conducted on a daily basis.

The order came amid criticism for fewer covid tests conducted in the state.

The daily Covid cases in the state have surged five-fold since the beginning of the new year.

On an average, the state is reporting 2,000 new cases. On Sunday, the state logged 2,047 Covid cases. The health authorities conducted 55,883 Covid tests in the 24-hour period that ended at 5.30 p.m. Sunday.

The number of daily tests has come down due to Sankranti festival and weekend.

As part of its efforts to check the spread of Covid, the state government has already banned rallies, public meetings and other public gatherings.

It has also extended holidays for all educational institutions till January 30.

The state Cabinet is likely to take decisions on other measures like imposing night curfew.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

 

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