Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 362.82 points or 0.73% at 50,024.58. The Nifty 50 index was up 112.25 points or 0.76% at 14,931.30. The Sensex regained the psychological 50,000 mark in early trade.
The S&P BSE Mid-Cap index was up 0.51%. The S&P BSE Small-Cap index was up 0.7%.
The market breadth, indicating the overall health of the market, is strong. On the BSE, 1573 shares rose and 490 shares fell. A total of 99 shares were unchanged.
Stocks in news:
Bharti Airtel rose 1.11%. Bharti Airtel launched Airtel IoT - an integrated platform that enables enterprises to harness the power of Internet of Things (IoT) and be ready for the emerging era of connected things.
Vi launches end-to-end 5G-ready Integrated IoT Solutions in India
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Connected like never before, Airtel launches their new 5G ready platform | details
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Debt-ridden telecom firm Vodafone Idea on Thursday announced foray into integrated Internet of Things (IoT) space for enterprises segment as it looks to transform itself from a traditional connectivity service provider to a technology company. Abhijit Kishore, chief enterprise business officer, Vi Business, said on Thursday that the company will also look at offering cloud services. There are three specific fields that we are wanting to get into. One obviously IoT and integrated space. Second one is on collaboration which includes a host of SaaS (software as a service) and third one will be cloud services. From being a traditional connectivity player, we will be connectivity plus collaboration plus IoT and integrated IoT and a cloud platform , Kishore said during a virtual conference.
After Airtel, Vi unveils IoT solution portfolio on 5G-ready network
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