Telecom stocks

market rally: Nifty can hit 25,000 in medium-term; just stick to quality names: Gautam Shah

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market rally: Nifty can hit 25,000 in medium-term; just stick to quality names: Gautam Shah

“Global markets are quite solid. India VIX is relaxed. Momentum, participation, smallcaps coming back yesterday. So, it is a kind of an environment where one should participate, just stick to quality and have risk management in place,” says Gautam Shah, Goldilocks Premium Research.24,200 on the screen, are you guys riding the rally or are you … Read more

Telecom stocks to buy: Telecom shares have many tailwinds, could gain 9-16%: BofA

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Telecom stocks to buy: Telecom shares have many tailwinds, could gain 9-16%: BofA

BofA Securities raised share price targets on Indian telecom companies as it expects near-term momentum in the sector. The firm has upgraded its rating on Vodafone Idea from ‘Underperform’ to ‘Neutral’, and sees 9-16% upside in shares of Bharti Airtel, Indus Towers, and Reliance Industries. BofA said it expects a tariff hike of 20-25% as … Read more