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BHARTIARTL
💸 What Changed?
- Jio has discontinued its ₹249 plan (1GB/day for 28 days).
🔁 New base plan: ₹299 for 1.5GB/day, 28 days
- Airtel followed suit, removing its ₹249 plan too.
🔁 Now offering ₹299 for 1GB/day, 28 days
📊 Why the Hike?
- Boosting Average Revenue Per User (ARPU) is the goal.
- Telcos are investing heavily in 5G rollout, spectrum, and infrastructure.
- Industry-wide push for “tariff repair”—India’s data rates are among the lowest globally
🧠 Strategic Moves:
- Jio’s new ₹299 plan offers more data than Airtel’s (1.5GB vs 1GB/day) at the same price
- Airtel’s ₹319 plan now gives less data than before—reduced from 2GB/day to 1.5GB/day
- Both operators are nudging users toward higher-value packs, reducing low-cost options
📉 Impact on Users:
- Minimum monthly spend for prepaid users has gone up by ₹50
- Budget-conscious users may feel the pinch
- BSNL still offers cheaper plans, but with limited 4G coverage
Major Support at Rs. 1860
Major Resistance at Rs. 2000#WatchOutFor#StockInNews#TechnicalViews#TrendingSectors#HiddenGems
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