Deven Choksey of DRChoksey FinServ Pvt. Ltd highlighted the current price rationalization in financial stocks, suggesting it’s a favorable time for investment. He pointed out ICICI Bank, HDFC Bank, SBI, and Bajaj Finance as strong candidates. He also stressed India’s economic potential, projected to grow from $4 trillion to $10 trillion in the next decade.
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,