K’taka CET results to be announced on Monday

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Bengaluru, Sep 20 | Karnataka Education Department will announce the results of the Common Entrance Test (CET) on Monday evening.

C.N. Ashwath Narayan, Minister for Higher Education has stated that the results are being given in record limited short period after the examinations.

Ashwath Narayan has thanked the examination authority officers, staff and said they have worked day and night in the interest of students. The students will be able to see their results from 4 p.m. onwards on the official website, he added.

The CET exams were successfully held on August 28, 29 and 30 amid Covid-19 fears in Karnataka.

As many as 2,01,834 students have registered for CET exams. 1,62,439 (80.48 per cent) attended Biology, 1,89,522 (90.90 per cent), Physics 1,93,588 (95.91 per cent) and 1,93,522 (95.98 per cent) attended Chemistry examinations.

The CET exams were held in 530 centres across the state following Covid-19 guidelines. Twelve students who tested positive for Covid also gave their exams in the stipulated rooms.

A total of 1,94,419 students had registered for 2020 CET exams. However, II PUC examinations have been cancelled in the wake of Covid in Karnataka this year and all students have been given passing marks. Against this backdrop, more students took CET exams this year.

The government has also decided to consider the marks scored in CET for admission to professional courses. It was announced earlier that II PUC marks won’t be considered for entrance to professional courses.

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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