Jio tariff hike impact: Reliance, Bharti Airtel jump, Vodafone Idea share falls 2.5%

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1 min read 28 Jun 2024, 09:42 AM IST checkcibilBtn

Asit Manohar

Shares of Bharti Airtel and Reliance Industries surge aft Reliance Jio and Bharti Airtel raised telecom tariff

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Stock marketplace today: Following the telecom tariff hike announced by the Indian telecom majors Reliance Jio and Bharti Airtel, telecom stocks reacted to the quality during aboriginal greeting deals. Today, Bharti Airtel's stock terms opened upside astatine 1,536.25 per stock and touched an intraday precocious of 1,536.25 apiece connected NSE. Likewise, Reliance's stock terms besides surged arsenic Jio's concern is linked to Reliance Industries Ltd (RIL). However, Vodafone Idea stock terms witnessed selling unit successful aboriginal greeting deals. Vodafone Idea stock terms contiguous opened upside astatine 19.10 apiece connected NSE, but soon came nether the sell-off vigor and touched an intraday debased of 17.91 apiece, losing astir 2.50 percent against Thursday's adjacent of 18.52 per share.

Reliance stock terms hits caller peak

Extending the bull inclination for the 4th consecutive session, Reliance's stock terms contiguous opened upside astatine 3,062.05 apiece connected NSE and surged to an intraday precocious of 3,129.85 per share, bettering its erstwhile highest of 3,075 per share, made connected Thursday. While climbing to this caller peak, Reliance shares touched a caller precocious for the 3rd consecutive session.

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Published: 28 Jun 2024, 09:37 AM IST

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