Connect with us

Business

Chinese markets, F&O expiry driving volatility; Sensex down

Published

9 years ago

on

Mumbai: Uncertainty over the Chinese markets, profit bookings and the upcoming derivatives expiry flared-up volatility in the Indian equity markets — leading to a barometer index trading 82 points down during the mid-afternoon trade session on Wednesday.

The barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 26,063.27 points, was trading at 25,950.28 points (at 2.00 p.m.) — down 82.10 points or 0.32 percent from its previous close at 26,032.38 points.

The Sensex touched a high of 26,156.61 points and a low of 25,687.69 points during intra-day trade so far.

Bearish sentiments also subdued trade at the National Stock Exchange (NSE). The broader 50-scrip CNX Nifty of the NSE was lower at 7,863.05 points, with mild losses of 17.65 points, or 0.22 percent.

Analysts point out that the investor sentiments were subdued due to the uncertainty over the Chinese markets and the upcoming futures and options (F&O) expiry on Thursday.

“The markets are volatile. There is uncertainty over the next move of the Chinese government to stabilise their markets. Prices have risen and the investors are in a fix to chase them given the global uncertainties at hand,” Anand James, co-head, technical research, Geojit BNP Paribas, told.

“The derivatives expiry tomorrow is also adding volatility and anxiety. Though a scheduled event, at this stage it is one of the most important factors to look out for.”

Related Topics:
Continue Reading

Business

Apple is giving a huge discount on its gadgets: Details inside

Published

2 years ago

on

May 5, 2022

By

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.

Continue Reading

Trending