Markets Archives - Pinfaves

As markets take Covid-19 hit, is it time to invest?

March 3, 2020March 3, 2020 Loknath DasAs, Covid-19, Hit, Is, It, Markets, Take, Time, to

The fear of Covid-19, more commonly referred to as novel coronavirus, spreading outside China at an alarming pace has spooked global equity markets, including the Indian equity market. The benchmark S&P 500 index which measures the stock performance of the top 500 US companies, corrected around 13% between 19 and 28 February. Taking cues from global peers, S&P BSE Sensex lost 1,448 points on 28 February alone, wiping out close to ₹5.5 trillion of investors’ wealth. Till 28 February, it had corrected 9% from its peak on 14 January 2020. On…

Apple Unveils Smaller, Cheaper iPhone SE for Emerging Markets

March 28, 2016 SrijitaApple, Cheaper, Emerging, for, iPhone, Markets, SE, Smaller, Unveils

Apple Inc on Monday unveiled a smaller, cheaper iPhone aimed at new buyers, especially in emerging markets and China, as the technology company looks to reverse a decline in worldwide sales of its most important product. The new device, called the iPhone SE, has a 4-inch (10-cm) screen and starts at $399. It represents Apple’s second bid for the crowded mid-tier market after an unsuccessful foray three years ago. Orders start on Thursday, and the phone will be available next week. The $399 (roughly Rs. 26,300) starting price is well…