Vodafone Idea shares zoom 7% after DoT relief on bank guarantees

Vodafone Idea share surged 7% to an intraday high of Rs 8 on the BSE after the letter from the Department of Telecommunications (DoT) waived the need for bank guarantees worth about Rs 33,000 crore for past spectrum auctions. Shares of Bharti Airtel also ticked marginally higher.