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MARKET LIVE! Equity market gains on BJP’s lead in MP

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Indian stock indices bounced back into the green as election trends on Tuesday noon showed the Bharatiya Janata Party (BJP) took a narrow lead in the Madhya Pradesh Assembly elections after trailing to the Congress earlier.

The S&P BSE Sensex, which had fallen over 500 points during the morning session, traded at 34,988.62 points around noon, higher by 28.29 points or 0.08 per cent from the previous close.

The Nifty50 on the National Stock Exchange traded at 10,503.30 points, higher by 14.85 points or 0.14 per cent from the previous close.
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According to analysts, market indices pared losses due to short covering and buying at lower levels.

“Markets would swing till around noon based on leads positions in Madhya Pradesh as the other four states are showing clear winners,” HDFC Securities’ Retail Research Head Deepak Jasani told IANS.

On the currency front, the Indian rupee weakened to 72 against the US dollar from its previous close of 71.34.

“Election results are not going the BJP way. But the rupee has recovered from the opening losses as central bank intervention may be occurring,” said Anindya Banerjee, Deputy Vice President for Currency and Interest Rates with Kotak Securities.

“We could see more volatility and USDINR can trade within a wide range of 71.70 and 72.50 on spot.”

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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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