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Derivatives expiry subdues markets, Sensex trades flat

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8 years ago

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flatMumbai:Upcoming derivatives expiry, coupled with caution over chances of an interest rate hike in the US, subdued Indian equity markets during early hours of trade on Thursday.

This led to a barometer index of the Indian equity markets to trade flat.

Caution over the upcoming rate-setting meeting of the US Fed dented investors sentiments. The US Fed’s FOMC (Federal Open Market Committee) meet is scheduled for January 27-28.

Even, concerns over the roll-over figures from the upcoming F&O (Futures and Options) expiry subdued sentiments.

Lower volumes and continous selling by foreign investors halted markets attempts to rise higher.

However, international cues from Asian markets were positive, as indices in the regional traded in the green.

Besides, a bounce back in the crude oil prices which stood at over $30 per barrel capped losses.

The barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was trading flat — marginally higher by just two points, or 0.01 percent during the early morning trade session.

Similarly, the wider 50-scrip Nifty of the National Stock Exchange (NSE) was trading flat. It inched-up by 2.20 points, or 0.03 percent, at 7,435.55 points.

The S&P BSE Sensex, which opened at 24,481.86 points, was trading at 24,494.54 points (at 9.25 a.m.) – up 2.15 points or 0.01 percent from the previous day’s close at 24,492.39 points.

The Sensex has so far touched a high of 24,529.64 points and a low of 24,400.52 points during the intra-day trade.

The Sensex had closed the previous session on January27, up by just 6.44 points, or 0.03 percent, while the Nifty inched up by two points or 0.02 percent.

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

Published

2 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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