Shares of Vodafone Idea Ltd. surged as much as 3.68% on Monday after promoter Kumar Mangalam Birla picked up more shares in his telecom joint venture over the past week.












According to exchange data, Birla bought 4.09 crore shares, equivalent to 0.03% stake, of Vodafone idea from the open market between 30 January and 1 February.

•⁠ 30 January: 2.21 crore shares at ₹10.95 per share

•⁠1 February: 1.88 crore share at ₹11.13 per share

As of December 2025, Birla personally held 0.02% stake in Vodafone Idea, or about 1.94 crore shares, while promoters collectively own 25.5% of the telecom company.

According to VK Vijayakumar, chief investment strategist at Geojit Investments, there are certain tailwinds that can take the Sensex and Nifty 50 higher in the near-term.









"Clarity on the India-US trade deal indicates that the Indian businesses, particularly exporters, will benefit," he said in an emailed statement. "More importantly, the uncertainty over the trade deal and its impact on the Indian economy, which was weighing on the market, has been removed."

At the opening bell, the 30-share S&P BSE Sensex surged 0.71%, or 597.11 points, to 84,177.51 points, even as the wider Nifty 50 surged 0.75% to 25,888.70 points.

•⁠ ⁠State Bank of India reported a higher-than-expected profit for the third quarter, and also raised FY26 credit growth target, supported by healthy loan growth, US trade pact and budget announcements









• Tata Steel posts a bigger-than-expected third-quarter profit as higher sales volumes helped cushion the impact from weak steel prices.

• Power Finance Corporation's board has approved in-principle merger with REC, a move that will create a large power financier in Asia's third-largest economy.



Contact to : xlf550402@gmail.com


Privacy Agreement

Copyright © boyuanhulian 2020 - 2023. All Right Reserved.