UK records another 36,517 new Covid cases

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London, Nov 15 | The UK has registered 36,517 new Covid-19 infections and 63 coronavirus related deaths, bringing the total loss of lives to 142,898, according to the latest official figures.

The death toll only includes people who died within 28 days of their first positive test, Xinhua news agency reported.

The infections have raised by 6 per cent over the last seven days, and the number of deaths has decreased by 6.9 per cent.

There are currently 8,652 patients hospitalised with Covid-19.

The latest data came as more than one million 12 to 15-year-olds in England have been vaccinated against Covid-19, figures from National Health Service (NHS) England showed.

“Over a million young people aged 12 to 15 have now received the crucial protection the vaccine provides,” UK Health Secretary Sajid Javid said on Sunday.

“This is a phenomenal accomplishment and will make a huge difference in stopping Covid-19 from further disrupting their education, their health and their lives,” he added.

More than 87 per cent of people aged 12 and over in the UK have had their first dose of vaccine and more than 80 per cent have received both doses, the latest figures indicate.

More than 21 per cent have received booster jabs, or the third dose of a coronavirus vaccine.

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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