Puducherry to open classes I to VIII from Dec 6

Puducherry to open classes I to VIII from Dec 6
Puducherry to open classes I to VIII from Dec 6

Puducherry, Dec 4 | Puducherry to open classes I to VIII from Dec 6. The Puducherry government will reopen classes for students from I to VIII from December 6, Monday. This was announced by Puducherry Minister for Education, A. Namassivayam through a statement on Friday.

The classes, according to the statement, will be held on a rotational basis for half-day and is not compulsory for students to attend. Online classes will also continue and students can opt for either mode of education.

Students of Classes IX to XII who are attending on a half-day basis will have to attend full-day classes from December 6, the statement from the office of the Education minister said. Classes for students of IX to XII reopened from September 1.

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The government of the Union Territory of Puducherry had earlier announced the opening of schools for students of classes I to VIII from November 8 but was postponed due to heavy rains that lashed the union territory in which several people and cattle lost their lives forcing the government to close down schools and colleges.

Puducherry Education Minister and senior leader of the BJP, A. Namassivayam told IANS, “There are no compulsions for the students to attend offline classes and as we have announced they are free to attend online classes. Students of Class I to VIII will henceforth attend classes from December 6 onwards on a half-day rotational basis. Students of classes IX to XII will now have to attend full-day classes from December 6 as they were attending half-day classes after reopening on September 1.”

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India



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