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Surge short-lived, Indian shares fall again after Monday mayhem

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9 years ago

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Mumbai: After an initial surge, Indian share markets fell again on Tuesday, in line with global cues, a day after the mayhem in global financial markets and a crash in China spooked a key Mumbai index into shedding some 1,625 points, or nearly 6 percent.

The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 25,916.26 points, against the previous close at 25,741.56 points, and a few minutes into trading it was ruling at 26,091.71 points, with a gain of 349.15 points, or 1.36 percent.

But around 11:30 in the morning, the index was ruling at 25,408.95 points, with a loss of 332.61 points or 1.29 percent. Five out of the 30 shares that go into the Sensex basket, however, managed to buck the trend and were ruling higher than the previous close.

Overall, in the volatile session of Tuesday, out of 2,416 stocks that were being traded, 1,981 were quoting lower, 373 of them advanced, while 12 others were unchanged.

A similar trend played out at the the National Stock Exchange (NSE), where the broader 50-share CNX Nifty was initially ruling higher at 7,910.45 points, with a gain of 101.35 points, or 1.30 percent. But it soon fell to 7,707 points, with a loss of 102 points, or 1.31 percent.

Weak global cues and the shock from China where the markets crashed over fears that its economy was slowing faster than expected sent Indian indices and the rupee into a tailspin on Monday. The Sensex logged its steepest closing fall in point-terms. The rupee fell to a two-year low.

Key US indices also took a tumble of around 4 percent.

A day later, the investor sentiments continued to be grim globally. Tokyo’s Nikkei opened nearly 2 percent lower on Tuesday, and the bloodbath in China continued unabated. The Shanghai Composite index opened 6.2 percent lower.

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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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