BSE Smallcap index outperformed the frontline indices to rise 0.6%, while the BSE Midcap was flat
A DoT panel has backed net neutrality and made some recommendations to push the cause
The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
Telecom Commission approves high base price of Rs 11,485 cr per Mhz for 700-Mhz frequency; no decision taken on proposed standard spectrum usage charges of 4.5%
43 rounds of bidding has taken place.
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
They are cheaper to build, costing around Rs 10 lakh each as against Rs 20-25 lakh for a traditional ground-based tower and even less than the Rs 12-15 lakh needed for a tower mounted on a roof top.
From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.
Govt likely to make security clearance mandatory for telcos irrespective of equity holding before giving licences; DoT members to meet today.
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
Sensex, Nifty end the day in red ahaead of F&O expiry.
Domestic market is losing its trend to rate sensitive stocks post the announcement of the new RBI governor who is likely to maintain a cautious stance on interest rate cut
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
Telcos may hike mobile rates to recover spectrum cost: Moody's
More than 87 per cent of the spectrum has been allocated to bidders.
Govt is set to garner Rs 1 lakh crore from sale of radiowaves.
Revenues of Airtel and Idea have been hit by falling realisation and analysts said margins would be affected by higher costs.
Textile and telecom shares have gained ahead of the Cabinet meet later today which is likely to announce new measures for both the sectors.
The India Meteorological Department on Tuesday said the monsoon this year is expected to be 'above normal.'
Investors indulged in profit booking at attractive and higher valuations
The country's wireless subscriber base fell to 87.05 crore at the end of September, registering the first drop in five months, after Reliance Communications deactivated services of over 1 crore "unprofitable" users.
The telecom spectrum auction entered the 33rd round of bidding today after starting off from the Rs 52,689 crore (Rs 526. 89 billion) mark this morning.
Rise in crude oil price and rally in global equities aided the sentiment
The 30-share Sensex ended up 1 point at 27,459 and the 50-share Nifty ended down 1 point at 8,341.
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Reliance, Birla Group, Airtel eye small finance banks.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
Markets ended lower on Tuesday, snapping a two-day winning streak, as investors turned cautious and booked profit in financials.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
The 30-share Sensex ended up 204 points at 27,215 and the 50-share Nifty ended up 59 points at 8,238.
The amount generated so far is about 86 per cent of what the 3G auction fetched in 2010.
Uninor added 8.53 lakh subscribers to take its base to 4.01 crore during the reported period.
'I'm an unbalanced human,' the founding partner of AZB, India's top law firm, tells Pavan Lall.
The broader markets were also in top gear, with the BSE midcap index surging by 2.1% at 11,431 and the smallcap index gaining 1.4% at 11,735.
Regulators will need to allow the model to evolve to allow profits to flow, says Una Gulani.
The S&P BSE Sensex surged 160 points to close at 25,262.
Sibal said that Trai had compared India with China.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
Telecom stocks fell after Mukesh Ambani extended Reliance Jio's free offers till March 2017.
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