Vodafone Idea and Airtel share price rises, know the reason

After a day's trading, the second trading day of the week, ie, the stock market closed on Tuesday. The Bombay Stock Exchange's flagship index Sensex closed at the level of 40,469.70 after gaining 185.51 points, or 0.46 percent. Apart from this, the Nifty of the National Stock Exchange closed at 11,957.15 after gaining 72.65 points, or 0.61 percent. Telecom companies Vodafone Idea and Bharti Airtel are hopeful that the government will relieve them soon and make important announcements, which has led to a strong jump in their stock.

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Talking about the big stocks, shares of Infratel, Axis Bank, Reliance, Power Grid, Cipla, Grasim, SBI, Tech Mahindra and IndusInd Bank closed on the green mark on Tuesday. Yes Bank, Bajaj Auto, M&M, Hero MotoCorp, HDFC, TCS, and Asian Paints closed at the red mark.

Vodafone Idea shares up 38% On Tuesday, the stock of Vodafone Idea saw an increase of 38.20 percent or 1.70 points, after which it closed at 6.15 level. It opened at 4.85 in early trade. Whereas it closed at the level of 4.45 on the previous trading day.

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Bharti Airtel shares also increased On Tuesday, Bharti Airtel's stock saw a gain of 8.66 percent, or 35.45 points, after which it closed at 444.65. It opened at 426.90 in early trade. Whereas it closed at the level of 409.20 on the previous trading day.

Sectoral index tracking Looking at the sectoral index, FMCG, Auto, Media, and Metal closed on the red mark. IT, realty, private banks, and PSU banks closed on the green mark.

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The market was open with an edge In early trade, the Sensex opened at 40,388.41 after gaining 104.22 points, or 0.26 percent. Apart from this, the Nifty opened at 11,913.95 levels after gaining 29.45 points, or 0.25 percent.

Sensex closed at 40,284.19 on Monday The stock market closed with a slight decline on the previous trading day. The Sensex had closed at 40,284.19, down 72.50 points, or 0.18 percent. Apart from this, the Nifty closed at 11,894.25 levels after dropping 1.20 points, or 0.01 percent.

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