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Key Indian equity market indices open in red

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The key Indian equity market indices on Thursday opened lower following a muted trend in global markets even as the Indian rupee slipped to a new record low of 74.46 against the greenback.

The Sensitive Index (Sensex) of the BSE, which had closed at 34,760.89 points on Wednesday, opened lower at 34,063.82 points.

Minutes into trading, it was quoting at 33,891.52 points, down by 869.37 points, or 2.50 per cent.
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At the National Stock Exchange (NSE), the broader 50-scrip Nifty, which had closed at 10,460.10 points on Wednesday, was quoting at 10,155.65 points, down by 304.45 points or 2.91 per cent.

Attractive valuations, along with a stable rupee and expectations of a healthy second quarter earning results, had pushed the key domestic equity indices higher on Wednesday.

Healthy buying in banking, capital goods and automobile stocks, coupled with the hopes of revival of the non-banking financial companies (NBFCs) enhanced investors’ risk-taking appetite.

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The Sensex was up by 461.42 points or 1.35 per cent at the Wednesday’s closing. In the day’s trade, the barometer 30-scrip sensitive index had touched a high of 34,858.35 points and a low of 34,346.50 points. The Nifty50, was up by 159.05 points or 1.54 per cent.

On Thursday, Asian indices were showing a negative trend. Japan’s Nikkei 225 was quoting in red, down by 4.37 per cent while Hang Seng was down by 3.95 per cent, South Korea’s Kospi was also down by 3.63 per cent. China’s Shanghai Composite index was trading in red, down by 4.74 per cent.

Overnight, Nasdaq closed in red, down by 4.26 per cent while FTSE 100 was also down by 1.29 per cent at the closing on Wednesday.

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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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