Telecom Stocks Outlook For The Week - 03 to 07.12.2018
Stocks of older telecom companies--Bharti Airtel Ltd and Vodafone Idea Ltd--are likely to continue
their subdued run next week on account of persistent pressure on tariffs and subscriber base from
Reliance Jio Infocomm Ltd. Both the operators are posting losses in the domestic market and with no sign of easing of tariff pressure, investors remain wary. For Reliance Communications, news around the company's spectrum sale to Reliance Jio would be a crucial trigger for the stock, and an approval from the Department of Telecommunications could aid sentiment over the short term. Apart from company-specific news, telecom stocks may also track the broader market. Investors will keenly track the G20 summit amid expectations of a US China trade deal.
Source : Cogencis Information Services Ltd.
Free Stock Options :Register To Get 2 days Trial Tips
Equity Cash/Futures/Options Segment
Register for Daily Rs 2000/- Profit in Stock Options
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Click Here : Free Nifty Intraday Chart Live
Today Nifty Stocks Support and Resistance Level
Today Free Nifty Option Tips
Today Free Banknifty Option Tips
Today Free Stock Option Tips
This Week - Weekly Sector Report
Live Hourly Stock and Nifty Trend
Stocks of older telecom companies--Bharti Airtel Ltd and Vodafone Idea Ltd--are likely to continue
their subdued run next week on account of persistent pressure on tariffs and subscriber base from
Reliance Jio Infocomm Ltd. Both the operators are posting losses in the domestic market and with no sign of easing of tariff pressure, investors remain wary. For Reliance Communications, news around the company's spectrum sale to Reliance Jio would be a crucial trigger for the stock, and an approval from the Department of Telecommunications could aid sentiment over the short term. Apart from company-specific news, telecom stocks may also track the broader market. Investors will keenly track the G20 summit amid expectations of a US China trade deal.
Source : Cogencis Information Services Ltd.
Free Stock Options :Register To Get 2 days Trial Tips
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
