Higher consumer spending on mobile broadband services helped Bharti Airtel and Reliance Jio boost their combined 4G/5G market shares by 0.25 and 0.05 percentage point sequentially to 28.8% and 54.1%, respectively, an analysis of the Trai data by ICICI Securities showed.
ICICI Securities is bullish on IndusInd Bank has recommended buy rating on the stock with a target price of Rs 2000 in its research report dated April 26, 2024.