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Equity market trades flat; IT stocks down

Published

8 years ago

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Equity-Market-2Mumbai : The Indian equities market traded flat during the mid-afternoon trade session on Wednesday.

Negative global cues, coupled with slide in factory output data for July and profit booking dented investors’ sentiments.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched up by 6.45 points or 0.07 per cent to 8,722.05 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,345.49 points, traded at 28,354.08 points (at 2.15 p.m.) — up mere 0.54 points from its previous close at 28,353.54 points.

The Sensex has so far touched a high of 28,416.41 points and a low of 28,259.38 points during the intra-day trade.

However, the BSE market breadth was tilted in favour of the bulls — with 1,696 advances and 909 declines.

On Monday, both the key Indian indices were dragged lower by increased possibility of a US rate hike, coupled with profit-booking and outflow of foreign funds.

The barometer index had plunged by 443.71 points or 1.54 per cent, while theDhruv Desaidipped by 151.10 points or 1.70 per cent.

The Indian equity markets were closed on Tuesday on account of Eid-ul-Zuha.

According to Dhruv Desai, Director and Chief Operating Officer of Tradebulls, the CNX Nifty witnessed some recovery due to short covering.

“IT stocks faced resistance at higher levels due to profit booking, while banking, auto and pharma stocks held early gains due to buying support at lower levels. Oil-gas stocks traded with mixed sentiments,” Desai said.

“Aviation stocks traded with mixed sentiments on profit booking, and power sector stocks witnessed buying support from lower levels. FMCG stocks traded with mixed sentiments on short covering at lower levels.”

 

 

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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