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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence Fed, FPIs & Budget Watch | Indian Equities The Fed Held, the Foreign Funds Flinched, and Delhi Is Listening: Where Indian Equities Go From Here The Fed held at 3.75%–4.00% on a 10–2 vote. FPIs have sold a record ₹3.07 lakh crore through 23 October. Delhi is reportedly weighing an LTCG cut. And on 27 October, the Nifty Smallcap 100 jumped 2.70% in a single session. Wednesday, 28 October 2026, gave Indian markets a rare thing: a day without a nasty surprise from Washington. The Federal Reserve kept its policy rate unchanged at 3.75%–4.00%. Nifty closed at 22,698.85, down just 0.22%, after Sensex had been down nearly 1,000 points at the intraday low. Then came the numbers that matter more. According to provisional NSE data, FII/FPIs were net buyers on the day. Across NSE, BSE and MSEI combined, they bought a net ₹871.83 crore, against DII net buying of ₹643.35 crore. It is one session, and it f...
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RCom Advances 4% as Q3 Net Meets Expectations
February 16, 2015:  Shares of Reliance Communications surged as much as 4.2 per cent to Rs.75 after the company reported that its third quarter net profit came in at Rs 201 crore after the market hours on Friday.

RCom's net profit for quarter ended December 31, 2014 jumped 86 per cent to Rs.201 crore from Rs.108 crore during the same quarter previous year. Total income of the company rose 5.4 per cent annually to Rs.5,435 crore from Rs 5,157 crore.

Revenues from the non-voice segment grew 12 per cent and voice segment revenues jumped 4 per cent on year on year basis.

The results came in line with what the analysts had expected.

Meanwhile, the EBITDA margins saw a soft growth in the third quarter. Gurdeep Singh, CEO, consumer business at Reliance Communication told NDTV that, "EBITDA margins were stable at 33.8 per cent and it could have been higher but due to few one time expenses on global business and employee costs the EBITDA registered a soft growth." (Watch video)

Reliance Communication ended higher by 4.3 per cent at Rs.75.

Courtesy: NDTV Ltd 

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