Ola shares ended the week 6% lower despite recovering on Friday, reflecting continued weakness in the broader trend. While near-term technical indicators point to a possible rebound, Anand James, chief market strategist at Geojit Investments Limited, cautions that the shares lack confirmation of a sustainable reversal, suggesting more consolidation or downside risk lies ahead.Edited excerpts […]
December 4, 2025 Image source: traffic_analyzer/www.istockphoto.com Indian markets are trading higher on December 4 after a shaky open. However, the positive impact was limited due to strong FII sales and the rupee hitting a record low. Nevertheless, broader markets remained positive, even as global signals remained mixed. Although the market traded positively, Ola Electric Mobility […]
In January 2023, the state government issued a GR that banned the use of two-wheelers from private or non-transport category for app-based services. Bicycle taxi services: App-based taxi aggregators OLA, Uber and Rapido have received a provisional license for bicycle taxi services in Maharashtra. The State Transport Authority (STA) in Maharashtra has given approval in […]