Business
Sensex plunges 400 points; Bank stocks crash
Mumbai: A benchmark index of Indian equities markets Tuesday plunged 400 points in the post afternoon trade session, tracking the SGX Nifty and most of the Asian stocks.
Internationally, the US stock market ended Monday’s volatile session lower, as an unabated fall in oil prices continued to erode investor confidence. European stocks plunged in the final hours of Monday’s session, extending steep recent losses as investors remained anxious about European Central Bank inaction.
All sector-based indices, except information technology and technology, entertainment and media (TECK) of the the S&P Bombay Stock Exchange (BSE) were either trading in the red or were flat.
The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 27,181.18 points, was trading at 26,917.27 points (at 1.00 p.m.), down 402.29 points or 1.47 percent from the previous day’s close at 27,350.68 points.
The Sensex touched a high of 27,199.37 points and a low of 26,845.54 points in the trade so far.
The S&P BSE bank index plunged 489.03 points, followed by metal index which crashed 336.98 points, automobile index declined 252.62 points, healthcare index sank 259.50 points, consumer durables index fell 221.34 points, capital goods fast moving consumer goods (FMCG) index dived by 191.66 points and capital goods index sank 150.45 points.
However, IT index was up 194.99 points and TECK index rose by 73.61 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading also trading in the red. It was down 117 points or 1.42 percent at 8,102.60 points.
Business
Apple is giving a huge discount on its gadgets: Details inside
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.