Weird tests on garlic sprouts for Covid in China

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New Delhi, Jan 24 | An epidemic prevention employee from Central China’s Henan province reportedly conducted nucleic acid tests on local garlic sprouts growing in the greenhouse, triggering a discussion on Chinese social media platforms, the Global Times reported.

The local government responded that affected by the epidemic, hundreds of tons of garlic sprouts had become difficult to sell. To ensure the vegetable is Covid-free, buyers asked local farmers for test certificates of the garlic sprouts. As a result, the local government decided to collect the results of nucleic acid tests on these vegetables to release the pressure from local farmers, the report said.

The video of the employee conducting nucleic acid tests on garlic sprouts has attracted much attention on Chinese social media platform Sina Weibo, with many netizens joking.

“It’s the funniest and weirdest Covid-19 test I’ve ever seen,” wrote a user.

“Both the buyers and sellers were overly cautious,” one netizen commented, “But testing is better than getting infected without knowing.”

By Sunday, one new local confirmed case was reported from Henan province, with at least another eight provincial-level regions, including the capital Beijing, Shanghai and Tianjin, reporting new local infections.

“It’s understandable why local governments are so cautious, but hopefully they can make more rational plans,” another netizen wrote.

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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