Temples, mosques, churches open sans offerings in Karnataka

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Bengaluru, July 5 | After over two months gap, religious places — temples, churches, gurudwaras and mosques were allowed to open for darshans (seeking blessing) or prayers across the state on Monday.

All places of religious worship had been closed for the public ever since Karnataka enforced ‘Corona Curfew’ on April 27 to contain the spread of the coronavirus.

On the first day, all shrines that were allowed to open across the state saw decent footfall with devotees and even authorities of these shrines made elaborate arrangements to maintain social distance.

There are a total 34,558 temples that are directly controlled by Karnataka’s Hindu Religious Organisation and Charitable Endowments department. Among these only a handful of them which are categorised as ‘Grade A’ temples generate revenue of more than Rs 25 lakh.

After the Covid curbs were relaxed, Karnataka ordered the reopening of all religious institutions across the state.

Following Covid protocols, most of the temples refrained from distributing prasadam (sanctified food) or flowers or teertha (holy water) which is common practice among all Hindu shrines. Muslim shrines (Darghas) also refrained their devotees from offering Chaddar (offering) or perfume and flowers to mazar (tomb).

However, cutting across the caste lines, devotees were allowed to visit and strict protocols were strictly followed like – wearing face masks and maintaining social distance in almost all shrines.

Despite orders to reopen the temples, some of the prominent temples – Kirshna temple in Udupi and Savadatti Yellamma temple will remain closed for some more time.

Udupi’s Krishna temple’s chief custodian, Adamaru matha seer Eshpriya Teerth Sripada told reporters that the math has decided to adopt wait and watch policy for another week or so before allowing the devotees for darshan, while Belagavi deputy commissioner, M.G Hiremath told reporters that famous Yellamma temple in border district will not be opened as it receives huge number of devotees from Maharashtra, which had been severely affected with Delta plus variant of Covid virus.

Source: IANS

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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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