Business
Profit booking, negative global cues subdue equities
Mumbai: Profit booking, coupled with broadly negative global indices, pulled the Indian equities markets lower during the mid-afternoon trade session on Tuesday. The key indices, which opened on a positive note, traded marginally in the red, as heavy selling pressure was witnessed in metal, oil and gas, and energy stocks. The wider 51-scrip Nifty of the National Stock Exchange (NSE) fell by 17.20 points or 0.20 per cent, to 8,395.60 points.
The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 27,331.82 points, traded at 27,227.12 points (at 1.45 p.m.) — down 61.05 points or 0.22 per cent from the previous close at 27,238.06 points. The Sensex has touched a high of 27,381.43 points and a low of 27,179.19 points during the intra-day trade so far. The BSE market breadth was marginally tilted in favour of the bears — with 1,293 declines and 1,287 advances.
According to Dhruv Desai, Director and Chief Operating Officer of Tradebulls, automobile, metal and banking sectors dragged the market down, while profit booking was witnessed in the banking sector. “The Indian rupee is strong against the US dollar and traded at around 68.14,” Desai said.
“European and Asian markets traded in the negative zone ahead of the highly-anticipated speech by British Prime Minister Theresa May on plans for Brexit and China’s President Xi Jinping speech on economic policy in Davos ahead of the inaugural speech by President-elect Donald Trump at the end of the week.” On Monday, the benchmark indices closed on a flat-to-positive note on expectations of healthy third-quarter (Q3) results. The NSE Nifty rose by 12.45 points or 0.15 per cent, to 8,412.80 points, while the BSE Sensex was up 50.11 points or 0.18 per cent.
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.
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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.