Market News ( Union Budget ) ( RBI Policy ) ( Market Quarterly Results )
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Market insights & breaking news. (Credits: ETNow, NDTV, CNBC-TV18)

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#NewsFlash | #BhartiAirtel & #Reliance have both signed agreements with #SpaceX to provide #Starlink services in #India. Starlink agreements subject to SpaceX getting authorisation to sell from the Indian govt.
#JustIn | #Reliance acquires 74% equity stake in Nauyaan Shipyard for β‚Ή382.73 crore from Welspun Corp
#NewsFlash | #RelianceInfra ;

#Reliance Aerostructure transfers 2% equity in Dassault Reliance Aerospace to Dassault Aviation
#CourtCorner | SC stays trial proceedings in a 30 yr old land dispute between #Reliance & BPCL

BPCL alleged that Reliance encroached its land and raised constructions there
Confident of time-tested, diversified crude strategy, says #Reliance.
❀1
Market opens lower, all major indices in the red.

#Nifty below 26,000, with M&M, #Reliance, #HDFCBank, #AxisBank, #NTPC being the top losers
Wipro falls over 8%, #Reliance nearly 2%, #ICICIBank nearly 3%, while Netweb gains nearly 10% post #Q3Results
#JustIn | #ONGC & #Reliance sign agreement to share deepwater resources on India’s East Coast
#JustIn | #Reliance;

▢️Arm REIL Allots Shares Worth β‚Ή596.6 Cr To Reliance Intelligence

▢️Arm REIL Allots Shares Worth β‚Ή257 Cr To Meta Platforms Arm Facebook

▢️Reliance Intelligence Holds 70% Stake In REIL; Facebook Holds 30%
Market opens higher, all major indices are in the green.

#Nifty above 24,100, #Cipla, #HDFCBank, #TataMotorsPV, #ApolloHospitals, #Reliance Ind being the top gainers

#Market breadth in the favour of advances, #NSE advance-decline ratio at 4:1
#Reliance Q1 Beats:

➑️#O2C: EBITDA hits 4-year high of β‚Ή17,010 Cr (+17.2% YoY)

➑️#Jio: EBITDA +15% YoY, ARPU at β‚Ή215.60, JioHotstar hits 530 M MAUs

➑️#Retail: Revenue up 7.4% to β‚Ή90,408 Cr; user base at 396M

➑️#Debt: Net debt stable at β‚Ή1.23 Lakh Cr vs β‚Ή1.24 Lakh Cr QoQ
#Reliance Ind O2C earnings led by sharp uptick in fuel cracks and downstream deltas, O2C EBITDA at 4-year high
#JustIn | #SepTelecomData

⏩#Reliance #Jio Adds 27.12 Lk Users Vs Addition Of 24 Lk Users In August

⏩#VodafoneIdea Adds 5.50 Lk Users Vs 5.06 Lk Users In August

⏩#BSNL Adds 6.25 Lk Users Vs 4.92 Lk Users In August

⏩#BhartiAirtel Adds 26.92 Lk Users Vs Addition Of 21.10 Lakh Users In August