Vodafone Idea’s shares fell despite ongoing talks with the government for AGR relief, highlighting the company’s financial struggles. CEO Akshaya Moondra emphasized the need for pricing reforms and government support, following a Supreme Court setback. Nuvama brokerage has reduced the share price target to Rs 7.
FPI buying returns to Dalal Street as global investors rethink AI bets
Foreign portfolio investors have shifted from aggressive selling to net buying of Indian equities recently. They invested nearly $1.2 billion over the last ten trading