Vodafone Idea share price give up gains, falls after two day rally led by 5G roll out

Vodafone Idea share price gave up early gains to trade over 2% lower on Thursday, after rallying for two straight sessions. The telecom company gained nearly 5% in the previous session after it announced the roll out of 5G services in Mumbai. The telecom stock rallied as much as 1.87% to ₹7.59 apiece on the BSE today, but gave up gains to trade 2% lower.

The Aditya Birla Group telecom operator, Vodafone Idea on Wednesday announced the launch of its 5G services in Mumbai, delivering next-generation connectivity to customers in the city.