AMU, Google to collaborate in knowledge sharing

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Aligarh, Oct 20 | With the signing of an agreement with Google Asia Pacific Pvt Ltd., Aligarh Muslim University’s Department of Computer Science has opened the pathway for sharing of IT enabled knowledge sharing resources that will go a long way in upgrading technological platforms and providing job opportunities to students.

Aasim Zafar, Chairperson, Department of Computer Science, who played a role in the agreement, said the collaboration will help faculty members and ultimately the students of the university in updating their skills in upcoming Google-based technologies and application development.

He stressed the need for such collaborations with other renowned industries and institutions for continuous upgradation of skill sets of faculty members and students in the upcoming technologies.

Faisal Anwer, PoC (Point of contact) of this collaboration highlighted that Google will share resources, content and if needed will train the teachers on different Google-based technologies.

“We plan to organise an FDP in collaboration with Google to train teachers and other university staff members in near future,” he added.

Source: IANS

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Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

Share Market Closing Bell: Nifty ends around 15,800, Sensex tanks 1,416 pts

On the back of Global Clues and SGX, Nifty opened on a gap down note & continued downside momentum throughout the day and closed the session at 15809.40 level with a loss of 430.90. However, Bank nifty closed the session at 33315.65 level with a loss of 848.05 points.

India VIX closed at 24.56 up by 10.13% which is a sign of more volatility in upcoming sessions.47 stocks out of NIFTY 50 closed in RED which suggest broad based selling. All the sectoral indices were ended in the red with metal, IT indices down 4-5 percent.

Despite one way fall, Stocks like ITC, DRREDDY, POWERGRID were the top gainers, While WIPRO, HCLTECH, INFY, TCS & TECHM were prime losers. On a daily chart, Nifty has formed a Bearish candle which indicates downside momentum for an upcoming session. Moreover, Nifty is showing support from horizontal line i.e., 15750 levels which is make or break level. In addition, Nifty has been sustained above the 21-Monthly Moving Average which indicates a bounce back from lower levels can be seen.

However, the momentum indicators MACD & Stochastic were trading with a negative crossover & trading in oversold zone which is a sign of sideways to negative trend in Nifty. The Nifty may find Strong support around 15700 levels, breaching below it can show more downside till 15500 levels while on the upside 16000 may act as an immediate hurdle. On the other hand, Bank nifty has support at 32800 levels while resistance at 34500 levels.

Palak Kothari
Research Associate
Choice Broking

Source: Choice India

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