US Open to allow 100% fan capacity this year

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New York, June 18 | The US Tennis Association (USTA) has announced that the US Open will allow 100 per cent fan capacity this summer, a year after spectators were not allowed at the Grand Slam due to the Covid-19 pandemic.

More than 700,000 people are expected to attend the tournament to be played at the Flushing Meadows in New York from August 30 to September 12.

The US Open will mark the first Grand Slam tournament to have fans in full capacity since the 2020 Australian Open. That tournament took place in February 2020, just before the pandemic began to shut down the sports world.

A statement on the US Open website said, “The 2021 US Open will welcome fans back to the USTA Billie Jean King National Tennis Center at 100 per cent capacity for the two-week tournament. Tickets to the event will be put on sale to the general public on Thursday, July 15.

“All ticket categories for the 25 tournament sessions, from reserved stadium seating to general admission grounds passes, will be available.”

USTA CEO Mike Dowse said on Thursday, “We are extremely excited to be able to welcome our incredible fans back to the US Open this year the challenges presented by the pandemic were tough on us all, but our sport came together like never before and tackled each challenge head on.”

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

Share Market Closing Bell: Nifty ends above 15,500, Sensex gains 443 pts

On a weekly expiry day, Nifty opened on positive note and have a dip to make an intraday low at 15367.50 level but showed bounce back moment as managed to close at 15556.65 level with a gain of 143 points. Bank Nifty closed the session at 33135 level with a gain of 289.70 points. 45 Out of Nifty 50 ended in green which suggest broad based buying.

All the sectoral indices managed to close in green expect Energy while Nifty Auto was top gainer. Among Nifty Stock, MARUTI, EICHERMOT, HEROMOTOCO & M&M were the top gainers, While RELIANCE, COALINDIA, POWERGRID & GRASIM were the prima laggards. India VIX closed at 20.88 level with a loss of 1.97%. On Technical Front, The Nifty has formed bullish candle but faced resistance at 21 Four-Hourly Moving Average i.e., 15647 which suggest crossing above the same can show more upside rally.

Nifty has been trading in range of 15200-15700 level while breaching either side can suggest further direction of breakouts. Nifty has given above 50-Hourly Moving Averages which indicate it can show upside moment in the counter. On the Nifty OI Data, On the call side ,the highest OI witnessed at 16000 level while on the put side was at 15500 Niftg level followed by 15300 levels. The momentum indicators Stochastic is trading with a positive crossover on a daily chart which suggest northward journey in the Nifty.

The Nifty may find support around 15200 levels while on the upside 15700 may act as an immediate hurdle. On the other hand, Bank Nifty has support at 32300 levels while resistance at 33800 levels.

Overall, Sector specific momentum has been observed, crossing above 15700 Nifty can show more upside rally.

Market entering into buy on dips pattern.

Palak Kothari
Senior Technical Analyst
Choice Broking

Source: Choice India

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The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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