Inventory market immediately: Shares of telecom public sector enterprise (PSU), Mahanagar Phone Nigam Restricted (MTNL), zoomed almost 10% in commerce on Monday, February 10 following experiences that the Union Cupboard, at its assembly final week, has permitted funding of almost ₹6,000 crore for BSNL for 4G enlargement.
In response to a report by The Financial Occasions, this funding can be utilised to fund capex by BSNL and MTNL, thus sparking a rally within the shares of the latter.
