Indian stock markets are showing signs of optimism with Nifty trading above 26,100 amid hopes of a possible US trade deal and improving investor sentiment. Speaking to ET Now, market expert Rahul Sharma said: “The market is gearing up for a break above 26,100, and largecaps should regain momentum. A US trade deal could happen […]
Reliance Jio on Friday reported 13% year-on-year (year-on-year) growth in net profit at Rs 7,379 crore in the second quarter. Revenues rose 15% year-on-year to Rs 36,332 crore. EBITDA rose 18% year-on-year to Rs 18,757 crore, with margins improving by 140 basis points to 51.6%, highlighting better cost efficiency and higher levels of engagement with […]