This was the biggest IPO in the Indian market since Infratel's.
However, the number of transactions declined to 76 in January-March this year from 110 in the year-ago quarter.
A billion dollars in renewable energy is huge.
Global private equity major KKR has ranked India second among the emerging markets on external risks, citing the high fiscal and current account deficits.
The DoT estimates that it will receive Rs 29,524 cr in revenue from the telecom industry in FY18, which is 38% less than the Budget revenue target of Rs 47,300 cr for FY18
Telecom tower companies likely to invest around Rs 500 crore (Rs 50 billion) to enhance network.
Broader market outperformed with the S&P BSE Midcap index adding 0.7%, while S&P BSE Smallcap index gained 0.6%.
The progress of the GST Bill in Parliament is also likely to remain in focus
Sensex remained volatile through the day.
Mixed global cues and decline in crude oil prices further dent the sentiments.
ONGC was the top performer while private banking major ICICI Bank extended gains
The current valuation is 38 per cent higher than the 10-year average of 22x and over 50 per cent higher than the 20-year average of around 20x.
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
Despite low tariffs, voice usage is not growing.
The big advantage that Jio is able to garner currently is its low cost of operations.
Investors turned cautious ahead of the US Fed meet outcome later today and July F&O expiry.
Globally, the focus has moved back to India, especially in terms of telecom assets. Vodafone Idea, with some 300 million customers, continues to be attractive with shares available at a low price.
The reason is believed to be a 19% increase in interest cost.
Short-covering and the propping up of net asset values have potential to boost frontline as well as second-rung names next week
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
Cut-throat competition, high spectrum costs, and frequent flip-flops in government policies have made it difficult for Vodafone to make money in the country.
The brand integration not only marks the completion of the largest telecom merger in the world, but will also set the company on its future journey to offer strong digital experiences to 1 billion Indians on its 4G network.
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
The three companies for sale are Reliance Communications, Reliance Telecom and Reliance Infratel.
But the road map of telecom will be decided by one thing: Whether Jio sticks to its ambitious plan and whether incumbents have enough financial muscle or ability to raise money every year to ensure that Jio does not reach its target, says Surajeet Das Gupta.
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.
Tata Motors, ONGC, HDFC and TCS were the top gainers.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The 30-share Sensex ended down 261 points at 27,177 and the 50-share Nifty ended down 91 points at 8,214.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
InterGlobe has raised Rs 3,008.5 crore.
The policy statement by the RBI governor is also expected to be upbeat.
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
'I'm an unbalanced human,' the founding partner of AZB, India's top law firm, tells Pavan Lall.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
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