Jio IPO fever grips telecom stocks: Airtel, Vodafone Idea & others rise up to 4%

Telecom stocks saw a sharp spike on Thursday as investors turned their attention to the much-awaited IPO of Reliance Industries’ telecom arm Jio Platforms and what its listing could mean for the sector.

Bharti Airtel shares gained 3.88% to Rs 1,869 while Indus Towers advanced 1.29% to Rs 384.30. Vodafone Idea shares gained nearly a per cent to Rs 12.81.

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