The Nifty 50 started Thursday's session on a positive note and touched an intraday high of 24,134.70 in early trade. This level marked nearly a 61.8% retracement of the previous day's decline. However, the index failed to sustain at higher levels and gave up more than 150 points from the day's high in the second half of the session. Despite this late weakness, the index ended higher by 80.75 points, or 0.34%, and snapped its two-day losing streak. However, the close below the psychological 24,000 mark kept the recovery muted. Nifty Forms Inside Candle Thursday's price action resulted in the formation of an inside candle. This came after the previous session recorded the widest single-day range in over one month. The latest candle had a small green body and a long upper shadow, which indicates hesitation at higher levels. This suggests that while buying interest emerged after the recent decline, traders were not confident enough to carry positions aggressively. ...
Flipkart is offering lucrative discounts on mobile phones during the festive season sale. During its upcoming Big Diwali Sale, which kicks off on November 2, the e-commerce website is claiming to offer the lowest prices of the year on iPhone models. As part of the sale, the base iPhone 14 could be available for as low as Rs. 49,999. Bear in mind that this offer price includes bank offers and other discounts. The iPhone 14 series launched last year at Apple's 'Far Out' event, with the base 128GB model starting at Rs. 79,900 in India. iPhone 14 price in India during Flipkart's Big Diwali Sale According to a teaser page for the upcoming Diwali sale, the base iPhone 14 with 128GB storage could be available under Rs. 50,000. The sale preview lists iPhone 14's base deal price as Rs. 54,999. Flipkart also promises an additional bank offer discount of Rs. 4,000 to customers using SBI credit card and Flipkart Axis Bank card. Further, the listing also includes an extra ...