stocks markets
Indian stocks markets fell sharply today amid broad losses to end lower
for the third day after disappointing earnings from some companies.
Caution also weighed ahead of US Federal Reserve meet later this week.
The Sensex ended 165 points lower at 22,466 while Nifty fell 46 points to 6,715. According to analyst Sanjeev Bhasin, Indian markets are poised at crucial levels. He says Nifty has support at 6,710 and if its breaks this level, the next support level exists at 6575.
Except consumer durables, all the other sectoral sub-indices on the BSE were in the negative territory.
Metals, banking and FMGC sub-indices saw strong selling pressure. JSPL 7.5 per cent to Rs. 253 to be the biggest loser among the Nifty stocks, after its Q4 net profit came in below estimates at Rs. 402 crore vs estimates of Rs. 618 crore.
Another metal stock Tata Steel also fell nearly 4.8 per cent to Rs. 405. Sentiment in metal stocks was also dented after reports said that the Supreme Court could impose an interim ban on some iron ore mine leases in Odisha.
The Sensex ended 165 points lower at 22,466 while Nifty fell 46 points to 6,715. According to analyst Sanjeev Bhasin, Indian markets are poised at crucial levels. He says Nifty has support at 6,710 and if its breaks this level, the next support level exists at 6575.
Except consumer durables, all the other sectoral sub-indices on the BSE were in the negative territory.
Metals, banking and FMGC sub-indices saw strong selling pressure. JSPL 7.5 per cent to Rs. 253 to be the biggest loser among the Nifty stocks, after its Q4 net profit came in below estimates at Rs. 402 crore vs estimates of Rs. 618 crore.
Another metal stock Tata Steel also fell nearly 4.8 per cent to Rs. 405. Sentiment in metal stocks was also dented after reports said that the Supreme Court could impose an interim ban on some iron ore mine leases in Odisha.
Eastern Ukraine
15 Russian officials announced Tuesday lacked the punch of the preceding US sanctions, since they did not target officials overseeing Russia's state-owned oil giant Rosneft or the assets of Kremlin-connected oligarchs.
However, they did target General Valery Gerasimov, chief of the Russian general staff, deputy prime minister Dmitry Kozak, who has been charged with developing Crimea, and several leaders of the pro-Russian militia and protestors who have been occupying buildings in eastern Ukraine. EU countries depend heavily on Russian oil and gas exports.
Among the pro-Russian leaders, most of whom were little-known before the wave of unrest, was Igor Strelkov, cited by some media as the head of the Donbass People's Militia. He is also reputed to be one of the “little green men” Russia has allegedly sent to promote unrest in eastern Ukraine, and EU officials identified him as a Russian military intelligence officer and an advisor to Crimean PM Sergei Aksyonov.
Denis Pushilin, the prime minister of the self-declared “Donetsk People's Republic,” was also included on the list. Little-known before the occupation of the Donetsk regional administration building, Pushilin previously worked for MMM, a company that ran a notorious pyramid scheme in the 1990s.
The EU sanctions on However, they did target General Valery Gerasimov, chief of the Russian general staff, deputy prime minister Dmitry Kozak, who has been charged with developing Crimea, and several leaders of the pro-Russian militia and protestors who have been occupying buildings in eastern Ukraine. EU countries depend heavily on Russian oil and gas exports.
Among the pro-Russian leaders, most of whom were little-known before the wave of unrest, was Igor Strelkov, cited by some media as the head of the Donbass People's Militia. He is also reputed to be one of the “little green men” Russia has allegedly sent to promote unrest in eastern Ukraine, and EU officials identified him as a Russian military intelligence officer and an advisor to Crimean PM Sergei Aksyonov.
Denis Pushilin, the prime minister of the self-declared “Donetsk People's Republic,” was also included on the list. Little-known before the occupation of the Donetsk regional administration building, Pushilin previously worked for MMM, a company that ran a notorious pyramid scheme in the 1990s.
After Russia, Ukraine, the United States and the EU negotiated a plan in Geneva
to defuse the crisis in Ukraine, Pushilin refused to recognise the
agreement, saying the Donetsk protestors would refuse to leave the
buildings they've taken until the Kiev government leaves its buildings,
and they hold a referendum on the region's fate
Several other pro-Russian leaders from Donetsk also fell under sanctions. Little is known about Andrei Purgin, besides the fact that he is a pan-Slavic activist who has agitated against the new pro-western government in Kiev. According to a social network page apparently belonging to him, he holds an IT degree from a Donetsk university and is now the co-chairman of the Donetsk People's Republic.
Sergei Tsyplakov is reportedly the deputy head of the Donbass People's Militia and is also apparently a long-time pro-Russian activist. He told Russian state news agency RIA Novosti that he was “extremely proud” of his inclusion on the list, adding that the sanctions are laughable.
Two protest leaders from the neighbouring Luhansk region, where heavily armed men have been holding the regional security service headquarters, also face visa bans. Valery Bolotov, a commander of the Army of the Southeast group that has been occupying the building, was announced as the “people's governor” of Luhansk last week. The protestors soon followed Donetsk's example and declared a “Luhansk People's Republic.”
German Prokopyev is also reportedly a leader of the Luhansk militia, but even less is known about him than about the other pro-Russian leaders.
Samsung Electronics the needs of active social media.
The camera-specialised smartphone, had its global launch in Singapore.
It features a timer that allows users to take selfies, or photos of themselves, with the back camera using a timer.
Most smartphones allow users to take selfies with the camera at the front of the phone, which typically has a lower resolution.
The phone features a new retracting lens that offers 10 times optical zoom, enabling users to take pictures of distant objects by zooming into them using lenses, and an optical image stabiliser that helps to produce sharper photos by adjusting for shakes that may be caused while holding the device.
The pricing and availability of the Galaxy K zoom were not immediately announced.
The camera is designed for users of social media such as Facebook and Twitter “to record every precious moment in their daily lives,”
The phone’s camera has a larger, 20.7 mega pixel BSI CMOS sensor, which is bigger and allows more light to be captured, making it ideal for low-light photography, the company said.
The launch of the Galaxy K zoom follows the recent introduction of Samsung’s flagship Galaxy S5 model and comes as the South Korean company seeks to consolidate its position as the world’s largest maker of smartphones.
Mobile phone makers shipped more than 1 billion smartphones in 2013, according to the International Data Corporation’s Worldwide Quarterly Mobile Phone Tracker.
Samsung’s share of the market exceeded 30 per cent, followed by Apple with over 15 per cent share.
The company’s Galaxy K zoom is equipped with a Xenon flaw and has five optimised filter settings.
“With the introduction of the Galaxy K zoom, Samsung continues to demonstrate our commitment to creating products that meet the diverse demands of our consumers,”
Galaxy K zoom, which the company describes as a
The phone is 20.2 millimetres thin and weighs 200 grams. It records video at 60 frames per second.
Samsung said it has tied up with Twitter to provide the Vine app pre-loaded on the K zoom. This will allow Twitter users to upload photos.
The company also unveiled audio products branded Samsung Level, which consists of three types of headphones and a Bluetooth-enabled portable speaker.
Keywords: Samsung Electronics, Samsung smartphones, Galaxy K zoom, Social Media
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