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Trade Setup For July 10: How Nifty May React To TCS Q1 Results - Key Levels To Watch

The Nifty 50 started Thursday's session on a positive note and touched an intraday high of 24,134.70 in early trade. This level marked nearly a 61.8% retracement of the previous day's decline. However, the index failed to sustain at higher levels and gave up more than 150 points from the day's high in the second half of the session. Despite this late weakness, the index ended higher by 80.75 points, or 0.34%, and snapped its two-day losing streak. However, the close below the psychological 24,000 mark kept the recovery muted. Nifty Forms Inside Candle   Thursday's price action resulted in the formation of an inside candle. This came after the previous session recorded the widest single-day range in over one month. The latest candle had a small green body and a long upper shadow, which indicates hesitation at higher levels. This suggests that while buying interest emerged after the recent decline, traders were not confident enough to carry positions aggressively. ...

US Blames Onions For McDonald's e.Coli Outbreak

US health authorities said Wednesday that slivered onions used by McDonald's triggered an e.Coli outbreak that sickened 90 people.

"Fresh, slivered onions served on Quarter Pounders and other menu items from McDonald's are the likely source of this outbreak," the Centers for Disease Control and Prevention said.

These particular onions were supplied by Taylor Farms, which issued a voluntary recall. McDonald's also pulled the onions.

Restaurants in a dozen US states temporarily pulled the burgers from their menus this month amid the outbreak linked to them.

The number of people sickened now stands at 90, including 27 who had to be hospitalized, and an elderly man in Colorado died.

McDonald's on Sunday said it would resume selling its Quarter Pounder hamburgers after tests for e.Coli came back negative.

The e.Coli bacterium causes stomach cramps, diarrhea and vomiting that last three to four days. Most people recover without needing treatment but some develop complications.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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