The near-term buoyancy in the equity markets have been supported by FIIs turning buyers of Indian equities after being sellers for most of FY23.
Jio’s Q3 results may have disappointed, but home broadband is thriving
Reliance Jio’s Q3FY25 earnings missed expectations due to muted user additions, modest ARPU growth, and higher costs. However, Jio’s home broadband business showed strong growth,