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Vodafone Idea, SAIL shares likely to join MSCI Global Standard index in August rejig, says Nuvama

If added, Vodafone Idea shares may attract $213 million inflows, followed by Oberoi Realty, Zydus Lifesciences and Prestige Estates, which may see $136-137 million inflows.

Top Indian fund bullish on telecom stocks amid tariff hike bet

Mukesh Ambanis Jio disrupted the market in 2016 with cheap 4G data services, sparking a price war that reshaped the sector into a near-duopoly dominated by Jio and Bharti. Average revenue per user plunged, burdening telecom operators with massive debts.

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