On a question by ET on whether the soaring bourses were out of sync with what was happening on ground, Sitharaman said the rally had sustained through 2020 and the second wave and was “not a blip”.
Vodafone Idea Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 16522.85 Crore) operating in Telecommunications sector.
Broader market stocks also remained under pressure. Despite the volatile moves, the volatility index fell by nearly 4 per cent, indicating that traders are not panicked with the profit booking.