Key triggers are recovery in GRMs ahead of estimates, faster consolidation in telecom leading to tariff upside in Jio, possible public listing of Jio leading to re-rating valuation multiple, retail biz gaining market share faster than expected and Jiomart GMV beating expectation.
US stocks: US market drops as Trump’s rejection of Iran peace plan lifts oil prices
Following President Trump’s dismissal of Iran’s peace proposal, US market indexes experienced a downward trend, spurred by a notable surge in crude prices. This escalation