AU to study UP’s transformation to a prosperous state


Prayagraj, Nov 9: The Allahabad University (AU) will now conduct a detailed study as to how Uttar Pradesh has become a ‘samarth rajya’ (prosperous state) from a ‘bimaru rajya’ (sick state).

The study will be conducted by the academics working at the Pandit Deen Dayal Upadhyay chair, which is being set up by the University Grants Commission (UGC) at AU as per instructions by Prime Minister Narendra Modi.

Union Minister for Education, Skill Development and Entrepreneurship, Dharmendra Pradhan, while speaking as the chief guest at AU convocationon Monday, said: “Researches should not be limited to getting papers published in reputed journals or promoting academics, but for the betterment of the society.”

He also called upon the experts from the department of Sociology at AU to conduct research on the migration of people witnessed in the country during the pandemic.

He said that the Modi-led government at the Centre is aimed at improving the life of the common man standing on the last strata of the society and universities can play an important role in this regard.

Pradhan also urged the AU authorities and all the institutes for higher studies in the country to implement employable courses as per the new National Education Policy.

He also asked the authorities to expedite the process for filling up the vacant teaching positions on the campus.

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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