Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Data Center Play: Nuvama raising target sends Sterlite Tech shares surging by 10%
Historically, Sterlite Technologies has been focused on telecom-driven demand, including 5G network upgrades, fibre-to-the-home, and rural broadband. However, the company is now positioning itself to capture emerging opportunities in the data centre segment.
Motilal Oswal sees 6% Q4 earnings growth for Nifty 50 amid Iran-US tensions
Motilal Oswal forecasts Nifty 50 companies to achieve 6% YoY earnings growth in Q4 FY26, driven by financials, metals, and telecom, despite the oil and gas crisis. The brokerage anticipates softer overall growth due to the Iran-Israel-US conflict's impact on energy prices and supply chains.
Top Stock Picks: Axis Securities bets on largecaps from SBI to Eternal for up to 57% upside
Brokerage firm Axis Securities has listed its top large-cap stock picks, highlighting companies across financials, telecom, consumption, and healthcare that offer strong earnings visibility and upside potential. The brokerage sees select names delivering up to 57% upside from current levels.
India's telecom subscriber base jumps 7.86 million in January, broadband growth lags
India's telecom subscriber base saw a significant jump in January. Wireless connections led this surge, adding millions of new users. Broadband growth, however, remained slow. Urban areas experienced more subscriber additions than rural regions. Active mobile users represent a large portion of the total base. Machine-to-machine connections also increased. Mobile number portability requests indicate a competitive market.
Subex wins ₹24-crore EAM contract from leading North African telecom operator
The 9-year project covers the deployment of Subex’s HyperSense solutions across the operator’s telecom network, fibre, IT, and data centre assets. Shares of Subex Ltd ended at ₹7.99, down by ₹0.010, or 0.13%, on the BSE today, March 17.
Subex wins multi-year deal from a leading North African Telecom operator
The Operator, who is part of the largest multi-country telecom group selected Subex for its flexible, governance-first EAM approach, which integrates seamlessly with Enterprise Resource Planning (ERP), Geographic Information System (GIS), and Network Management System / Element Management System (NMS/EMS) systems. Powered by Subex HyperSense, the solution enables centralized 360 asset visibility, Fixed Asset Registry (FAR) reconciliation and workflow automation.
Vodafone Idea shares jump 5% as JSW, ST Telemedia eye stake in the telco
Vodafone Idea shares rose ahrply on Monday after ET reported that JSW Group and ST Telemedia are exploring a potential stake in the telecom operator. The discussions are exploratory, following government-backed financial relief, as Vi seeks strategic investors to strengthen capital and reduce spectrum liabilities.
MTNL fails to deposit interest on sovereign guarantee bonds in escrow account
As per the structured payment mechanism of Tri-Partite Agreement (TPA) signed among MTNL, the Department of Telecommunications (DoT), Beacon Trusteeship Limited, the telecom company has to fund the semi-annual interest into the escrow account maintained in Bank of India with an adequate amount 10 days before the due date, which in this case is March 24, 2026.
Govt approves 104 projects worth Rs 271 crore for 6G tech research: Mos Telecom
India is advancing towards 6G technology. The government has approved 104 projects valued at Rs 271 crore for research and development. This initiative is part of the Bharat 6G Vision, aiming to position India as a global leader by 2030. The government is also establishing 5G Use Case Labs and supporting test beds to foster innovation and build future capabilities.
CAG's BSNL loss estimate from RJIL deal misinterpreted; rectified now: MoS Telecom
The government has rectified a revenue loss estimate concerning Reliance Jio. The Comptroller and Auditor General's initial calculation of a Rs 1,757 crore loss was based on a misunderstanding of an agreement clause. Bharat Sanchar Nigam Limited has now issued revised invoices to Reliance Jio Infocomm Limited. This action aims to recover potential losses and prevent future discrepancies.
Market correction a chance to rebalance portfolios, India may outperform from April: Quant MF
Sandeep Tandon, Founder & CIO of Quant Mutual Fund, says crude’s sharp spike may peak near $120–130 and remain elevated in the near term but is unlikely to sustain beyond a few months. He expects global markets to stay weak through 2026, while India could outperform from April after recent underperformance. Tandon advises investors to stay calm and use volatility to rebalance portfolios, adding selectively to sectors such aspharma, power, telecom, and select PSUs.
Watch | Sanjay Parekh on where he sees value in banks, IT, cement and telecom stocks
Sohum Asset Managers’ Founder & CIO, Sanjay Parekh, says markets look sluggish despite improving macro conditions, with Q3 Nifty earnings near 8–9%. He sees recovery in CVs (Ashok Leyland), credit growth at ICICI Bank and gradual picka a up in cement and steel. Portfolio stays domestic-focused: overweight telecom, NBFCs, industrials, cement, utilities, ports and logistics; underweight oil & gas and banks, zero FMCG. Watching IT names like Infosys and TCS, mid-cap tech (Persistent, Coforge, Mastek), defence HAL, quick commerce Zomato and Swiggy, and capital goods L&T, JSW Energy.