Equity indices in green, metal stocks fall

7

Mumbai, May 26 | The key Indian equity indices traded in the positive territory on Wednesday morning tracking a similar trend in the Asian markets.

However, a decline in metal stocks capped the gains.

Around 10.10 a.m., Sensex was trading at 50,777.79, higher by 140.26 points or 0.28 per cent from its previous close of 50,637.53.

It opened at 50,899.58 and has so far touched an intra-day high of 50,901.18 points and a low of 50,620.45 points.

The Nifty50 on the National Stock Exchange was trading at 15,247.20, higher by 38.75 points or 0.25 per cent from its previous close.

Manish Hathiramani, technical analyst with Deen Dayal Investments said: “15,300 is the key level to watch out for. We need to get past this to scale higher to the next target zone which is 15,500-15,600. The support for the Nifty is at 15,000 so any intra-day correction or dip can be strategically utilised to buy into this market.”

The top gainers on the Sensex were Titan Company, Sun Pharmaceutical Industries and Tech Mahindra, while the major losers were Power Grid, Tata Steel and HDFC Bank.

Source: IANS

Next Story

Elon Musk asks hard-hitting AI engineers for job

Elon Musk asks hard-hitting AI engineers for job

Tesla founder and CEO Elon Musk on Monday tweeted that he is hiring Artificial Intelligence (AI) engineers who are passionate about solving day-to-day problems through AI

San Francisco, Dec 6 | Musk hiring engineers to solve problems that affects people’s lives. Tesla founder and CEO Elon Musk on Monday tweeted that he is hiring Artificial Intelligence (AI) engineers who are passionate about solving day-to-day problems through AI.

“As always, Tesla is looking for hardcore AI engineers who care about solving problems that directly affect people’s lives in a major way,” Musk tweeted along with a link to apply for the job.

Interested candidates can apply by filling in fields like name, email, exceptional work done in software, hardware or AI, dropping their resume in the PDF format and hitting the Apply option.

As per the website, Tesla’s AI and Autopilot unit develops and deploys autonomy at scale in vehicles, robots and more.

“We believe that an approach based on advanced for vision and planning, supported by efficient use of inference hardware, is the only way to achieve a general solution for full self-driving and beyond,” the website read.

In a 2014 interview, Musk said he looked for “evidence of exceptional ability” in a potential employee, rather than a degree from a prestigious university.

Acer launches new gaming laptop with 4K Mini LED panel

“There is no need even to have a college degree at all, or even high school,” Musk said during an interview with the German automotive publication Auto Bild about his hiring preferences more broadly.

“If somebody graduated from a great university, that may be an indication that they will be capable of great things, but it’s not necessarily the case. If you look at, say, people like Bill Gates or Larry Ellison, Steve Jobs, these guys didna¿t graduate from college, but if you had a chance to hire them, of course that would be a good idea.”

Source: IANS

LEAVE A REPLY

Please enter your comment!
Please enter your name here