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Indian equity markets trade flat on mixed global cues

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Equity-Market-2Mumbai : Indian equity markets traded flat during the mid-afternoon session on Monday prompted by mixed global cues and lower crude oil prices.

Heavy selling pressure was witnessed in information technology (IT), healthcare and banking stocks.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched down 4.50 points, or 0.05 per cent to 8,568.05 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 27,827.26 points, traded at 27,759.58 points (at 1.30 p.m.) — down 22.67 points, or 0.08 per cent from the previous close at 27,782.25 points.

The Sensex has so far touched a high of 27,827.26 points and a low of 27,698.71 points during the intra-day trade.

The BSE market breadth was tilted in favour of the bears — with 1,404 declines and 1,071 advances.

On Friday, both the key Indian indices had closed in the red, due to caution ahead of the US Fed Reserve Chair’s speech and lower crude oil prices.

The barometer index had slipped by 53.66 points, or 0.19 per cent, while the NSE Nifty edged down 19.65 points, or 0.23 per cent.

Initially on Monday, the benchmark indices opened on a flat note prompted by mixed Asian and US markets.

Investors also remain cautious ahead of key domestic macro-economic data such as gross domestic product (GDP) and eight core industrial output data to be announced on Aug 31.

Besides, lower crude oil prices also added to the downward trajectory.

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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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