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Equities buoy on hopes of healthy Q3 results

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Equities buoy on hopes of healthy Q3 results

Mumbai: Indian equities markets traded in the positive territory during the mid-afternoon trade session on Thursday as hopes of healthy third-quarter (Q3) results buoyed investors’ sentiments. However, profit booking and a weakened rupee, coupled with caution ahead of the European Central Bank’s policy meet, capped gains. The key indices traded in the green, as healthy buying was witnessed in oil and gas, consumer durables and automobile stocks.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 13.10 points or 0.16 per cent, to 8,430.10 points. The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 27,253.34 points, traded at 27,321.35 points (at 1.30 p.m.) — up 63.71 points or 0.23 per cent from the previous close at 27,257.64 points.  The Sensex has touched a high of 27,346.35 points and a low of 27,219.89 points during the intra-day trade so far.

The BSE market breadth was tilted in favour of the bulls — with 1,392 advances and 1,142 declines. According to Dhruv Desai, Director and Chief Operating Officer of Tradebulls, the markets gave up almost all of its morning gains on the back of weakness from overseas markets and strength in the US dollar. “Almost all the sectors traded in the negative, however index heavyweight like Gail helped the market to stay in the positive zone,” Desai said.

“The Nifty also witnessed some profit booking, with the strength in the US dollar capping the market on the upside.” On Wednesday, broadly positive global indices and inflow of foreign funds buoyed the benchmark indices.The NSE Nifty rose by 19 points or 0.23 per cent, to 8,417 points, while the BSE Sensex was up 21.98 points or 0.08 per cent.

 

 

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

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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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