Vodafone Idea is the stock that is in focus in the cash stock market – The reason for its stock to jump 21 percent in NSE on Thursday – The telecom sector reforms which acted as a big trigger for the Vodafone Idea shares.
The Vodafone Idea share prices has jumped by almost 22 per cent on the intraday basis. The stock was trading at 10.90 on the NSE at 1 pm on Thursday. In value terms, the stock price was up by Rs 1.95.
Vodafone Idea on a bull run at the stock exchange
Even as Vodafone Idea is under the ban for the second straight day by the NSE in the Futures & Options (F&O) markets, the stock has continued its upward trend in the cash markets.
Vodafone view on telecom sector reform in India
The current rally in the VI share price is a strong pull back, Nilesh Jain Assistant, Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking, said.
Even as Vodafone Idea is under the ban for the second straight day by the NSE in the Futures & Options (F&O) markets, the stock has continued its upward trend in the cash markets. The current rally in the VI share price is a strong pull back, Nilesh Jain Assistant at Centrum Broking said
