Pioneer launches new subwoofer for Rs 9,990 in India

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    New Delhi, Dec 28 | Japanese car infotainment manufacturer Pioneer on Monday launched a new Subwoofer TS-WX3000T for Rs 9,990 in the Indian market.

    According to the company, the main features that set this audio powerhouse apart are high durability, impeccable sound quality as well as robust design.

    “One of the best features of the product is the voice coil that is made out of high-grade materials. It ensures that there is no deformation and drop-down, as is the case with other products available in the market. All these technologies together guarantee seamless and uninterrupted audio for a long time,” the company said in a statement.

    The TS-WX3000T subwoofer’s sensitivity is rated at 88dB producing a maximum power output of 1600W. The product dimensions read 700mm in length, around 9 kilograms in weight and take up a volume of 50.9 liters.

    The company claims that its tough exterior makes it ideal for rough outdoor use without the fear of getting damage.

    The new subwoofer comes with a smooth airflow movement that makes the sound quality effortless and impeccable. This is on account of the spacious cabinet that prevents turbulent airflow and aims to give a rich sound quality.

    Source: IANS

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    Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

    Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

    The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

    While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

    Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

    Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

    On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

    Sumeet Bagadia
    Executive Director
    Choice Broking

    Source: Choice India

     

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