Vodafone Idea stock: Vodafone Idea stock jumped 20% after the government converted ₹36,950 crore of spectrum dues into equity. Analysts see a ₹40,000 crore cash flow relief but highlight the need for ₹40,000 crore in debt funding for Vi’s capex and dues over FY26-27.

Neeraj Dewan sees Vodafone Idea as speculative with weak fundamentals. Defence and railways show strong order flow, while two-wheeler stocks offer long-term potential. BSE is a momentum play, but asset management firms provide stability. He advises leveraging market volatility to accumulate domestic growth stocks selectively. ITC’s acquisition timing remains uncertain.

Mumbai-based Runwal Enterprises aims to raise Rs 1,000 crore through an IPO with a completely fresh issue, potentially reducing by Rs 200 crore if a pre-IPO placement occurs. Proceeds will be used for debt repayment, project acquisitions, and general corporate purposes.

A study of stocks with over ₹1,000 crore market cap revealed companies that gained 25% or more in the first quarter of the past three fiscal years, multiplying investor wealth by 2 to 9 times.

Real estate player Runwal Enterprises has filed draft papers with markets regulator Sebi seeking its approval to garner Rs 1,000 crore through an Initial Public Offering (IPO).

The Nifty Pharma index closed 1.73 per cent down at 20771.8.

Hindustan Zinc, Inox Wind, and PNB Housing Finance saw sharp gains after their inclusion in the NSE’s F&O segment on March 28, driving higher trading volumes and turnover. Historically, F&O additions boost liquidity and institutional participation, potentially leading to sustained rallies. Analysts anticipate further upside if the trend continues.

The Nifty Media sector was the worst-performing sector in FY25, dropping 18%, while the Nifty50 gained 5%. Six key media stocks, including Dish TV, Network 18, and Zee Entertainment, fell between 12% and 66%. Weak sectoral performance reflects ongoing challenges in the media industry, impacting investor sentiment.

Nifty remained volatile on the first day of the new series before closing weaker.

Citi Research reaffirmed its buy/high-risk rating on Vodafone Idea after the government raised its stake to 48.99%, easing financial strain. However, VI still faces capital and network expansion challenges. Indus Towers is expected to benefit from VI’s revival, with Citi maintaining a buy rating and projecting strong long-term growth.