Vodafone Idea shares surged 25% in trade on Monday as the government permitted converting the telecom operator’s interest dues into equity. Vodafone Idea scrip touched an intraday high of Rs 8.55, up 24.8% from Friday’s close of Rs 6.85. The net present value of the interest dues regarding the AGR dues and deferment of spectrum […]
By Dharmesh Shah Equity benchmarks edged higher tracking positive global cues. The Nifty settled the previous week at 16719, up 4.2%. Broader markets performed in tandem with benchmark. Sectorally, barring pharma, all other indices ended in green led by financials, IT, metal. The current 10% rally is longer in magnitude compared to intermediate rallies off […]