करधृतम्
कर · धृत
करेण धृतम्
तत्पुरुष (instrumental) — held by the hand
तत्पुरुष — it agrees with सलिलवसनम्. held in the hand — Mallinātha glosses हस्तावलम्बितम्, hanging from the hand, and supplies the participle the इव needs: स्थितम्, 'standing as if'. कर here is the hand, where at 1.41 the same word was the sun's ray and the commentary had to say so. The whole phrase describes the water: it is being drawn off like a garment, and the branch it has caught on is the hand holding it
uncheckedMallinātha, Sañjīvinī, who supplies स्थितम्“kiñcidīṣatkaradhṛtaṃ hastāvalambitamiva sthitam”