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Key Indian equity indices open tad higher, trade flat

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Mumbai: Key Indian stock market indices opened marginally higher on Wednesday but the outlook was cautious on the back of weak global macroeconomic data, notably the contraction in US manufacturing sector to its weakest level since June 2009.

The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened at 26,239.39 points, against then previous close at 26,169.41 points.

Some 10 minutes into trading, it was ruling at 26,199.42 points, with a gain of 30.01 points, or 0.11 percent.

At the National Stock Exchange (NSE), the Nifty was also ruling at 7,960.70 points with a slight gain of 5.80 points, or 0.07 percent.

The two major indices had ended flat on Tuesday, with the Sensex closing at 26,169.41 points, up 23.74 points or 0.09 percent, while the Nifty closed at 7,954.90 points, up 20 points or 0.25 percent.

“The US markets moved notably higher on Tuesday, more than offsetting the moderate weakness seen in the previous session. The strength on US market reflected positive sentiment generated by an overnight rally by stocks in the Asia Pacific region,” Angel Broking said.

“The European markets came under pressure on Tuesday, closing mixed despite new unemployment figures from the euro zone showing the region taking a step in the right direction,” the brokerage said in a pre-market analysis.

Japan’s Nikkei, Australia’s S&P/ASX 200 and South Korea’s Kospi all shed some value, while the China’s Shanghai Composite and Hong Kong’s Hang Seng made some marginal gains.

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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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