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India's Second Wave Of COVID-19 Stabilising


According the latest edition of SBI research update Ecowrap on 21st May 2021, India s second wave of COVID-19 has been stabilising for the past few days. The cumulative cases now stand at 257 lakh, with 31.25 active cases and 223 lakh people recovered. The 7D MA of new cases has been declining now for the past 11 days. Moreover, the daily recovered cases are now above the daily new cases for the past 12 days, thereby indicating that the peak of the second wave might be over.
The maximum daily cases was 4.14 lakh crore observed on 7 May, with active cases 36.4 lakh (as predicted by us) and with a recovery rate 81.95% which is better than first peak recovery rate of 78.53%. Difference between the daily recovered and daily active cases has significantly improved in May when compared to April. Only 2 states, Chhattisgarh and Delhi are witnessing decline in May as against the previous month. The gap has improved for all other states, especially for Kerala, Rajasthan, UP and Gujara ....

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Volumes spurt at JK Lakshmi Cement Ltd counter


JK Lakshmi Cement Ltd notched up volume of 63.72 lakh shares by 14:19 IST on NSE, a 10.36 fold spurt over two-week average daily volume of 6.15 lakh shares
Responsive Industries Ltd, Torrent Power Ltd, Motilal Oswal Financial Services Ltd, Lux Industries Ltd are among the other stocks to see a surge in volumes on NSE today, 21 May 2021.
JK Lakshmi Cement Ltd notched up volume of 63.72 lakh shares by 14:19 IST on NSE, a 10.36 fold spurt over two-week average daily volume of 6.15 lakh shares. The stock rose 6.69% to Rs.496.95. Volumes stood at 15.39 lakh shares in the last session.
Responsive Industries Ltd saw volume of 2.35 lakh shares by 14:19 IST on NSE, a 8.6 fold spurt over two-week average daily volume of 27317 shares. The stock increased 1.77% to Rs.163.75. Volumes stood at 32492 shares in the last session. ....

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Maharashtra reports 46,781 new Covid cases, 816 deaths, 58,805 recoveries


Maharashtra reported 46,781 new
COVID-19 cases on Wednesday, an uptick from 40,956 a day ago, and 816 deaths, the health department said.
The caseload increased to 52,26,710, while death toll reached 78,007, it said.
On Tuesday Maharashtra had reported 40,956 COVID-19 cases, 793 deaths and 71,966 recoveries.
Of 816 fatalities, 387 had occurred in the past 48 hours, 193 last week and the rest even before that but were added to the tally on Wednesday.
As many as 58,805 patients were discharged from hospitals taking the total of recoveries to 46,00,196.
Maharashtra now has 5,46,129 active cases.
The state s COVID-19 recovery rate increased to 88.01 per cent from Tuesday s 87.67 per cent, while the fatality rate stood at 1.49 per cent, the department said. ....

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