Brokerages favour telecom shares: Jio’s tariff hike indicators market shift
Brokerages have offered constructive insights on the telecom sector following latest tariff hikes by Reliance Jio. CLSA notes the rise of 13-25 per cent in tariffs, maintaining JioPhone plans unchanged. Jio’s tariffs now have a 15-21 per cent premium over Bharti Airtel and Vodafone Thought (VI), shifting the historic pattern the place Bharti and VI … Read more