Vodafone Idea shares jump 8% to 4-month high. What’s driving the rally amid stock market crash?

Vodafone Idea shares surged over 8% to a four-month high after reports suggested parent Vodafone Group may transfer part of its stake to the telecom operator. The move could strengthen Vodafone Idea’s balance sheet, support fundraising efforts and improve its ability to manage government dues and future investments.

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