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The vaccine, iNCOVACC (BBV154), is available on CoWin, and priced at Rs 800 (plus GST) for private markets and Rs 325 (plus GST) for supplies to the Centre and state governments, the company stated. This means the consumers will be able to receive it for Rs 325 per dose at government hospitals, and for Rs 800 in private setups.
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Keep Reading for Live Market posts
Nifty has broken through the rising
support trend line, indicating that bears have complete control. Friday's Nifty
selloff got even worse after the 50-pack index broke through its crucial
support of 18,000 with a gap-down opening. During the session, the 50-pack
index tested levels below 17,800 and formed large bearish candles on daily and
weekly charts. According to analysts, the bears are completely in charge, and
the Nifty could move towards the 17,500 level in the coming days.
The index dropped below the 200-DEMA in addition to falling below
18,000." The daily momentum indicator is falling and crossing in a bearish
direction. The mood has taken a very negative turn; a further downfall is
normal from here, with a potential close term reach of 17,550. Opposition on
the better quality is apparent at 18000-18,100. The index ended the day at
17,806.80, down 1.77 % or 320.55 points. The index was down 462.20 points, or
2.53 % , for the week. On the daily scale, the index formed a bearish candle
and has been making lower lows for the past seven sessions. We anticipate that
the index's weakness will continue as long as it stays below 17,950. The levels
of 17,950 and 18081 are designated as hurdles for the index. Nifty has breached
the rising support trend line, indicating that bears have complete control. It
has reached the 20-week moving average on the weekly charts, which may
provide some relief the following week. However, it probably won't last long,
and the overall short-term trend has turned negative. On the negative side, we
anticipate that the Nifty will fall below 17,560, the 61.82 percent Fibonacci
retracement level of the rise from 16,748 to 18,889. The levels of critical
support range from 17,730 to 17700, while the levels of immediate resistance
range from 17,930 to 10,000.
Balkrishna Paper Mills jumped over 10 per cent in Thursday's trade
to take its four-day winning gains to 71 % , even as the company
management said it is not aware of any material development that requires stock
exchange filings. The scrip, though, witnessed multiple bulk deals on
Wednesday. The company said it has made prompt and adequate disclosures of
all events or information that have bearing on its operations and
performance including all price sensitive information and that there was no
information or announcement which was pending to be disclosed to stock
exchanges. We further inform you that as on date, there is no information
or announcement which is pending to be disclosed which in our opinion may have
a bearing on the price/volume behavior in the scrip. The stock rose 10% to hit a
high of Rs 50. This is in addition to a 20 per cent jump each in the previous
two sessions and a 9% rise on Monday. On Wednesday, four bulk deals took place
on the counter in Rs 44.73-46.20 price range. On Thursday, the scrip had buy
orders of 16,682 shares against sell orders of 1,840 shares.
Balkrishna Paper Mills is part of
Siyaram Poddar Group, which is into the diversified businesses of manufacturing
textiles, garments yarn, home furnishings and paper. The company makes
coated duplex boards, which are used for packaging by various industries such
as pharmaceuticals, toiletries, cosmetics and healthcare products, readymade
garments, instant food products, match boxes, incense sticks. Balkrishna Paper
Mills Limited began its journey with humble roots in Maharashtra.Paper stocks
has seen dream run in 2022, with West Coast Paper Mills up 126%, JK Paper
rallying 102, Tamil Newsprint up 96% , Andhra Paper up 88 per cent), Seshasayee
Paper up 86 % Star Paper Mills up 47% seeing strong gains.
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