Investors brushed aside nearly 24 per cent fall in the economy during Q1 FY21 that was largely expected with equity benchmark indices closing higher on Tuesday after a volatile trading session.
Equity benchmark indices wiped out early gains on Tuesday and closed in the red after a volatile trading session that saw metal stocks shining but IT scrips plunging.
Equity benchmark indices gained for the second consecutive day on Wednesday as heavy buying was witnessed in pharma and financial stocks.
The era of low tariffs for Indian consumers seems to have ended as major telcos — Vodafone Idea Limited, Bharti Airtel Limited and Reliance Jio have hiked tariff by up to 40% for prepaid customers.
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