From the Sensex pack, Hindustan Unilever, Asian Paints, Bajaj Finance, Nestle, Bajaj Finserv, Reliance Industries, Larsen & Toubro, Maruti, Infosys and Bharti Airtel were the major laggards.
From the Sensex pack, Reliance Industries fell the most by 2 per cent. Tata Steel, Bajaj Finserv, ITC, NTPC, Bharti Airtel, Tech Mahindra, Titan, Axis Bank and Bajaj Finance were among the other major laggards.
Equity benchmarks recovered most of their intra-day losses and ended marginally lower on Tuesday amid buying in index majors Reliance Industries and Tata Consultancy Services. Helped by last minute buying activity in some of the index heavyweights, the 30-share BSE benchmark Sensex managed to trim most of its early declines and ended lower by 103.90 points or 0.17 per cent at 61,702.29. During the day, it had tumbled 703.51 points or 1.13 per cent to 61,102.68.
IndusInd Bank was the top gainer in the Sensex pack, jumping nearly 5 per cent, followed by Bharti Airtel, HCL Tech, Reliance Industries, Titan and Asian Paints.
Numbers could be classified further into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the call in the future.
Reliance Jio bought spectrum in the 1800 MHz band last February.
ITC was the top loser in the Sensex pack, shedding nearly 3 per cent, followed by Bajaj Finance, Kotak Bank, Bharti Airtel and Reliance Industries. Nifty fell 43.35 points to 17,324.90.
Which entrepreneur would willingly part with her or his hard-earned money for grasping, self-serving politicians? asks Debashis Basu.
The launch of 5G services in India turbocharged mobile download speeds here, pushing the country's ranking 72 notches higher to 47th spot in Speedtest Global Index, ahead of nations like Japan, the UK and Brazil, according to Ookla. India's speed performance has zoomed up 3.59 times since the introduction of 5G, it said dubbing the country's 5G advancement as "remarkable". In this global pecking order, India ranked not only ahead of its neighbours like Bangladesh, Sri Lanka, and Pakistan, but also some G20 countries, such as Mexico (90th), Turkey (68th), the UK (62nd), Japan (58th), Brazil (50th place), and South Africa (48th place).
From the Sensex pack, ITC, Titan, Asian Paints, Reliance, Tata Steel, Bajaj Finserv, Axis Bank, Hindustan Unilever, Infosys, Bajaj Finance, Nestle and ICICI Bank were the major gainers. Kotak Mahindra Bank, Mahindra & Mahindra, HCL Technologies, State Bank of India, Bharti Airtel and Tata Motors were among the laggards.
M&M was the top loser in the Sensex pack, skidding 3.31 per cent, followed by Reliance Industries, Bajaj Finserv, ICICI Bank, Maruti, Tata Motors and Tech Mahindra. On the other hand, Tata Steel, L&T, Axis Bank, Bharti Airtel and HDFC Bank were among the gainers.
Bajaj Finance was the top gainer in the Sensex pack, rising around 3 per cent, followed by Bharti Airtel, Sun Pharma, Reliance Industries and SBI. NSE Nifty advanced 184.60 points to 16,955.45.
From the Sensex pack, Bharti Airtel, State Bank of India, HDFC Bank, UltraTech Cement, Bajaj Finance, HDFC, NTPC, ITC, Reliance Industries, Tech Mahindra, ICICI Bank and Tata Consultancy Services were the major laggards. Tata Motors, Power Grid, Tata Steel, Hindustan Unilever, IndusInd Bank and Mahindra & Mahindra were among the winners from the 30-share pack.
From the Sensex firms, Bajaj Finance, Bajaj Finserv, Infosys, Bharti Airtel, Kotak Mahindra Bank, Larsen & Toubro, Mahindra & Mahindra, ITC, Tech Mahindra, Tata Steel, Tata Motors, Titan, Reliance Industries and Nestle were the major winners. Hindustan Unilever, Power Grid, Axis Bank, Tata Consultancy Services, State Bank of India, Asian Paints and Wipro were the laggards.
Reliance Jio Infocomm, expected to start commercial operations in the Indian telecom space in the next few months, had a net worth of Rs 5,026.16 crore, the company said in a statement submitted to the Department of Telecommunications (DoT) on Monday.
Among the Sensex firms, Asian Paints, Tata Steel, HCL Technologies, Nestle, Maruti, JSW Steel, NTPC and Larsen & Toubro were the major laggards. Sun Pharma, Bajaj Finserv, Reliance Industries, State Bank of India and Bharti Airtel were the gainers.
From the Sensex pack, NTPC jumped nearly 4 per cent after the company posted over 23 per cent rise in consolidated net profit in the April-June quarter of 2023-24. Power Grid, Tech Mahindra, Tata Steel, Tata Consultancy Services, Wipro, Maruti and JSW Steel were among the other major gainers.
The number of mobile phone connections in India rose by 1.96 million in March, after reducing by 1.06 million in February, latest data from the Telecom Regulatory Authority of India (Trai) showed. The number of new connections have hit a 9-month high. In these past 9-months, the total number of wireless (mobile phone) subscriptions had reduced on 5 occasions, the data shows.
The government is likely to release spectrum on September one this year after it gets vacated by the defence forces.
Globally China, Japan, Russia and South Korea and the US are the top FTTH markets.
At a time when exchange-traded funds (ETFs) were unloading Jio Financial Services from their portfolios, some active fund managers were placing large bets on the demerged financial services arm of Reliance Industries Ltd (RIL), a report by Nuvama Alternative & Quantitative Research shows. Motilal Oswal Mutual Fund and Quant Mutual Fund were the top MF buyers of the stock in August. They bought around 60 million shares each, together investing around Rs 2,800 crore.
Reliance Industries on Monday categorically denied any intent to bid for the UK telecom group, BT. RIL dismissed a report titled `Reliance mulling bid for UK's telco BT Group' as "completely speculative and baseless". "We categorically deny any intent to bid for the UK telecom group, BT, formerly British Telecom, as reported in the article...," Reliance Industries Ltd (RIL) said in a communication to BSE.
Sector experts have, however, indicated that a large part of the airwaves in the upcoming auction will remain unsold.
PowerGrid was the top loser in the Sensex pack, shedding over 4 per cent, followed by Reliance Industries, Asian Paints, Kotak Bank, Tech Mahindra and Bharti Airtel. NSE Nifty tanked 204.95 points to 17,196.70.
Five of the 10 most valued firms added Rs 62,508.32 crore to their total market valuation last week, with Reliance Industries emerging as the biggest gainer. Hindustan Unilever Limited, HDFC, State Bank of India and Bharti Airtel were the other gainers while Tata Consultancy Services, HDFC Bank, Infosys, ICICI Bank and Bajaj Finance took a hit in their market valuation. The market capitalisation (mcap) of Reliance Industries jumped Rs 23,582.73 crore to reach Rs 15,37,600.23 crore at close on Thursday, becoming the biggest gainer among the top-10 firms.
From the Sensex pack, Power Grid, Mahindra & Mahindra, JSW Steel, HCL Technologies, Sun Pharma, Nestle, IndusInd Bank, Reliance Industries, Bharti Airtel and ITC were the major laggards. Tech Mahindra, Wipro, Bajaj Finance, State Bank of India, Bajaj Finserv, Axis Bank, Titan and ICICI Bank were among the major gainers.
With seven million new subscribers, India accounted for the highest net addition of mobile subscriptions globally in the second quarter of 2023, according to the August edition of Ericsson Mobility. Among national markets, India was followed by China with five million and the US with three million subscribers. The subscriber penetration in India, however, stood at 79 per cent, compared to 120 per cent in China, the report said.
The uniform SUC, if implemented as per recommendations made by Telecom Regulatory Authority of India, will provide relief for mobile operators such as Airtel, Vodafone and Idea, but will increase rates for broadband wireless access spectrum holders like RJIL.
The IPO boom in 2023 added four new promoters to the billionaires' list.
Equity benchmarks started the first day of trade of the New Year on a positive note and ended with smart gains, propelled by buying in index majors Reliance Industries and ICICI Bank amid a firm trend in European markets. The 30-share BSE Sensex climbed 327.05 points or 0.54 per cent to settle at 61,167.79 on Monday. During the day, it jumped 382.05 points or 0.62 per cent to 61,222.79.
Reliance Jio maintained the top position in the 4G speed chart with a 20.9 megabit per second (Mbps) average download rate in September, while Vodafone Idea topped in the upload segment with 7.2 Mbps data speed, as per telecom regulator Trai. Reliance Jio's 4G network speed increased by about 15 per cent in September while its competitors Bharti Airtel and Vodafone Idea (VIL) speed jumped by about 85 per cent and 60 per cent month-on-month to 11.9 Mbps and 14.4 Mbps, respectively, according to data published by the Telecom Regulatory Authority of India (Trai).
From the Sensex pack, Mahindra & Mahindra, Power Grid, Bharti Airtel, Bajaj Finserv, HDFC, Hindustan Unilever, Maruti, ITC, Titan, Nestle, Bajaj Finance and Reliance Industries were the major winners.
Bharti Airtel was the top gainer in the Sensex pack, rallying nearly 7 per cent, followed by Bajaj Finance, Bajaj Finserv, Asian Paints, Titan, TCS and Tech Mahindra. NSE Nifty soared 201.15 points to an all-time closing peak of 17,132.20.
Benchmark indices Sensex and Nifty took a beating on Thursday and dropped over 1 per cent each, weighed by selling in index major Reliance Industries, IT and banking stocks amid weak global trends. The BSE Sensex fell 770.48 points or 1.29 per cent to settle at 58,766.59. During the day, it tanked 1,014.5 points or 1.70 per cent to 58,522.57. Similarly, the NSE Nifty declined 216.50 points or 1.22 per cent to close at 17,542.80.
The much-awaited soft launch of Reliance Jio's next-generation mobile services has been delayed by another month.
Telecom gearmaker Nokia will boost its manufacturing capacity in India by 1.5x over the next few years to support the 5G services roll-out, said Tarun Chhabra, the company's country head of mobile networks business. Nokia is supplying network equipment to Bharti Airtel and Reliance Jio for their 5G networks from its plant in Chennai. Vodafone Idea is yet to finalise its contract as it awaits fresh funding.
Equity benchmarks ended over 1 per cent higher on Monday amid positive trends in global markets and buying in Reliance Industries and IT counters. The 30-share BSE Sensex zoomed 846.94 points or 1.41 per cent to settle at 60,747.31. During the day, it jumped 989.04 points or 1.65 per cent to 60,889.41.
State Bank of India was the biggest loser in the Sensex pack, shedding 1.69 per cent, followed by Asian Paints, Kotak Mahindra Bank, HCL Technologies, Reliance Industries, Wipro, IndusInd Bank, Infosys, Power Grid and HDFC twins. In contrast, Nestle, Maruti, Bharti Airtel, Tata Motors, ITC and Hindustan Unilever were among the gainers.
Benchmark equity indices continued their record-shattering spree on Tuesday, with the Sensex and Nifty hitting their fresh all-time high levels in early trade, amid persistent foreign fund inflows. Also, buying in Bajaj Finance, Bajaj Finserv, Tata Consultancy Services and HDFC twins added to the positive market momentum. Rallying for the fifth straight session, the 30-share BSE Sensex jumped 381.55 points to hit its all-time peak of 65,586.60 in early trade.
Market benchmarks fell for third day running on Monday and ended nearly 1 per cent lower amid weak trend in global equities. The 30-share BSE Sensex declined 518.64 points or 0.84 per cent to settle at 61,144.84. During the day, it tumbled 604.15 points or 0.97 per cent to 61,059.33.
