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RJio’s customer loss drags down telecom subscribers growth in January; Airtel only gainer: TRAI

The telecom subscriber base in the country declined marginally to 116.94 crore in January this year, mainly due to the loss of a whopping 93.22 lakh mobile phone users by the largest telecom service provider Reliance Jio, the latest data released by TRAI said on Wednesday. The country had 117.84 crore telecom subscribers in December …

Bharti Airtel, Reliance Industries, Latent View Analytics, SBI, DLF among stocks in focus today

Charts signal more weakness ahead. Sensex and Nifty are in the firm grip of bears after having fallen nearly 3.8% each since the middle of November. SGX Nifty was hinting at a continuation of weakness today. Chartists too believe there is more weakness ahead and advise against long bets. “The overall chart pattern as per …

Airtel, Voda-Idea, RIL, Dish TV, Yes Bank, BPCL, SBI Cards, Jubilant Foodworks, Adani stocks in focus

Nifty has formed a strong bullish breakout candle and has consistently maintained higher bottom series formation, which supports further uptrend from current levels. Image: Pixabay BSE Sensex and Nifty 50 were eyeing a positive opening on Friday, as indicated by trends on SGX Nifty. Nifty futures surged in trade, rising 23 points to 17852 on …

Vodafone Idea share price tanks over 24% as Kumar Mangalam Birla steps down as chairman

With today’s fall, Vodafone Idea stock has tanked 37 per cent in two days. Vodafone Idea share price tumbled over 24 per cent to Rs 4.55 apiece, a 52-week low, on BSE, after the telecom company announced that Kumar Mangalam Birla will step down as non-executive director and non-executive chairman. These changes have come into effect …

Stocks on focus: Vodafone Idea, Indiabulls Housing Finance, SIS, Nestle, Varun Beverages

Technically, Nifty is now approaching a crucial overhead resistance where minor profit booking could be triggered. SGX Nifty was hinting at a flat opening for domestic stock markets on Tuesday morning. Now, since the Union Budget, Both the benchmark indices, S&P BSE Sensex and NSE Nifty 50 have gained over 12% each. “Based on the …

Stocks in focus: Bharti Airtel, Vodafone Idea, Titan, Eicher Motors, Tata Steel, Future Retail

According to technical analysts, a lack of selling interest in the next 1-2 sessions may allow bulls to make a comeback from the lows on D-Street. Image: Reuters BSE Sensex and Nifty 50 paused the Union Budge driven rally on Tuesday ending marginally lower. S&P BSE Sensex rose nearly 500 points to touch its lifetime …

Spectrum auctions may be a no-show: Telcos expected to do minimum buying, leaving about 60% spectrum unsold

In addition, it is likely to buy additional spectrum in 1800 MHz and 2300 MHz band in order to build a portfolio of 10 MHz and 40 MHz, respectively. The spectrum auctions which the government plans to hold in March are likely to see operators bidding conservatively, which means that apart from renewing what is …