The Nifty Realty index closed 1.97 per cent up at 452.0.

Industry players including WeWork India, 91Springboard, Smartworks, Incuspaze, Dextrus, Synq.Work and IndiQube have chalked out aggressive expansion plans, in metros as well as smaller cities. Demand, they say, is coming in from startups, SMEs, large enterprises and multinationals.

Industry players including WeWork India, 91Springboard, Smartworks, Incuspaze, Dextrus, Synq.Work and IndiQube have chalked out aggressive expansion plans, in metros as well as smaller cities. Demand, they say, is coming in from startups, SMEs, large enterprises and multinationals.

The Nifty Pharma index was trading 0.54 per cent up at 12933.5.

The Nifty IT index was trading 0.26 per cent up at 29964.75.

The Nifty Realty index closed 0.65 per cent up at 443.25.

The Nifty Bank index closed 0.42 per cent up at 39042.3.

The Nifty Auto index closed 0.0 per cent at 12923.75.

The Nifty Pharma index closed 1.15 per cent down at 12864.0.

The Nifty IT index closed 1.15 per cent down at 29885.9.

Two of the telecom firms –Reliance Jio and Vodafone Idea – have their headquarters in Mumbai while Bharti Airtel is based out of Delhi NCR. New entrant Adani Networks is based out of Ahmedabad.

The Nifty Realty index was trading 0.0 per cent at 438.6.

The Nifty Auto index was trading 0.04 per cent down at 12922.9.

“We intend to launch 5G starting in August and extend to a pan-India rollout very soon. By March 2024 we believe we will be able to cover every town and key rural areas as well with 5G. In fact detailed network rollout plans for 5000 towns in India are completely in place,” Vittal said in an earnings call, a day after Airtel reported its Q1FY23 results.

​​All three telcos said that gaming will form a core of their business strategy going forward as they look to drive average revenue per user (ARPU) by engaging more subscribers and increasing user stickiness. E-sports is a sub-category of online gaming, which is a multiplayer video game played competitively for spectators, typically by professional gamers.

The Nifty Auto index was trading 0.7 per cent up at 12893.9.

​​All three telcos said that gaming will form a core of their business strategy going forward as they look to drive average revenue per user (ARPU) by engaging more subscribers and increasing user stickiness. E-sports is a sub-category of online gaming, which is a multiplayer video game played competitively for spectators, typically by professional gamers.

“While the operating challenges remain, the increasing digital penetration, increasing content consumption, especially through video and social media usage and increasing e-commerce, is driving strong demand for high-speed mobile broadband connectivity for internet,” outgoing chairman Himanshu Kapania said in his address.

"India continues to have the lowest tariffs globally, while the proliferation of unlimited data bundles have led to India having one of the highest data usage (per subscriber) in the world," VIL said in its latest annual report. The ARPU levels remain lower in comparison to historic trends, despite consumers getting much more value in terms of unlimited voice and daily data allowances, compared to five years ago.