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Sensex up 231 points; automobile stocks rise

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Sensex-trades

Mumbai: A benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), made healthy gains during the late afternoon trade session Thursday.

It was trading up 231 points or 0.81 percent as automobile, capital goods and consumer durables stocks made healthy gains. The market’s rose after the Asian market’s made gains on the back of easing of monetary policy in South Korea and Thailand.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) also made gains during the late afternoon trade session. It was up 56.50 points or 0.65 percent at 8,756.45 points.

The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 28,798.61 points, was trading at 28,890.04 points (2.30 p.m.), up 230.87 points or 0.81 percent from the previous day’s close at 28,659.17 points.

The Sensex touched a high of 28,912.96 points and a low of 28,772.71 points in the trade so far.

All sector-based indices of the BSE made gains during the late afternoon trade session. Healthy buying was observed in automobile, capital goods, consumer durables, healthcare, bank, fast moving consumer goods (FMCG) and metal sectors.

The S&P BSE automobile index was up 249.96 points, followed by capital goods index which was higher by 185.48 points, consumer durables index rose 132.57 points, bank index went up by 113.90 points, healthcare index augmented by 123.85 points, FMCG index gained 112.77 points and metal index increased 100.75 points.

The day’s gains comes after three consecutive session of losses. On Wednesday, the Sensex closed 51 points or 0.18 percent down. It had closed Tuesday’s trade lower by 135 points or 0.47 percent, while on Monday it plunged 604 points or 2.05 percent. The Indian markets so far this week have reacted negatively to the sharp increase in the US non-farm payroll data for January.

The Indian markets were anxious as rapid increases in non-farm payroll data might lead to an increase in inflation. This can make the US Federal Reserve raise interest rates sooner than previously expected.

With higher interest rates, foreign institutional investors will be led away from emerging markets such as India.

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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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