Citi upgraded Vodafone Idea to “buy” with a target price of Rs 13 per share, citing a significant bank guarantee waiver for spectrum payments. This relief eases financial pressure, improving funding prospects. Indus Towers also benefits.
Since its launch, the BSE SME platform has enabled companies to raise Rs 10,652 crore, with their combined market capitalisation reaching Rs 1.84 lakh crore.
ICICI Direct’s Dharmesh Shah suggests a ‘buy the dip’ strategy, noting strong support for Nifty around 24,400-24,500. Despite tariff concerns, the market is expected to
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