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Equities trade lower ahead of monetary policy review

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8 years ago

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Equities trade lower ahead of monetary policy review

Mumbai: Indian equities markets traded on a flat-to-negative note during the mid-afternoon trade session on Wednesday as caution ahead of the upcoming domestic monetary policy review and broadly negative global cues subdued investors’ sentiments. The key indices traded marginally in the red, as selling pressure was witnessed in FMCG, banking and healthcare stocks. The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched down 10.30 points or 0.12 per cent to 8,758.00 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,386.08 points, traded at 28,279.19 points (at 1.30 p.m.) — down 55.97 points or 0.20 per cent, from the previous close at 28,335.16 points. The Sensex has touched a high of 28,391.64 points and a low of 28,274.68 points during intra-day trade so far. In contrast, the BSE market breadth was tilted in favour of the bulls — with 1,445 advances and 1,276 declines.

“The markets traded in the flat zone with a negative bias as investors awaited the monetary policy review of the Reserve Bank of India (RBI),” Astha Jain, Senior Research Analyst at Hem Securities, said.  “Besides, lower crude oil prices and mixed Asian markets also added to the downward trend of the indices.” According to Dhruv Desai, Director and Chief Operating Officer of Tradebulls, the CNX Nifty traded with sideways sentiments due to profit booking.

“Banking, pharma and FMCG stocks traded with mixed sentiments due to profit booking,” Desai added. On Tuesday, the benchmark indices were dragged lower by negative global cues and profit booking. The NSE Nifty had inched down 32.75 points or 0.37 per cent to 8,768.30 points, while the BSE Sensex was down 104.12 points or 0.37 per cent at 28,335.16 points.

 

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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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