MORNING UPDATE JULY 1ST 2021
MORNING UPDATE JULY 1ST 2021 HAVE YOUR TEA AND GET UPDATED ON THE MARKET NEWS OPEN YOUR DEMAT ACCOUNT USING THE LINK: https://bv7np.app.goo.gl/nNRb13x8ujx3ekQb6 BUY YOUR FIRST CRYPTO BY USING THE LINK: https://coinswitch.co/in/refer?tag=N8JC Indices at previous closing Nifty50: 15,721 ▼ -26 (-0.1%) Sensex: 52,482 ▼ -66 (-0.1%) Nifty Bank: 34,772 ▼-238 (-0.6%) In the news Vodafone Idea’s loss widens The cash-strapped telecom operator’s loss widened to ₹7,022 crore in the Q4 from ₹4,532 crore in Q3. The revenue also fell by about 12% sequentially primarily due to the removal of interconnect usage charge from 1 January this year. The Average Revenue Per User also declined to ₹107 in March 2021 from ₹121 in Q3. The company’s gross debt currently stands at ₹1.8 lakh crore including ₹60,960 crore as AGR (Adjusted Gross Revenue) dues to the government. Meanwhile, the shares of Vodafone Idea fell by 0....