
PhonePe's Indus appstore and Alcatel announce strategic OEM partnership
:
Indus Appstore
, India's homegrown
Android app marketplace
, today announced a strategic
OEM partnership
with
Alcatel
, a French consumer technology brand. As part of this long-term partnership, Indus Appstore will come pre-installed as an app store on all Alcatel smartphones in India. By integrating a localized app marketplace, both the brands continue to drive innovation and accessibility for millions of users across the country.
PhonePe
's Indus Appstore has a catalogue of verified
mobile apps
and games across 45 categories. It supports 12 Indian languages, enables voice search in 10 regional languages, and features a video-led app discovery experience that allows users to preview apps before downloading them. Indus Appstore presents a robust, user-centric alternative to traditional app distribution models allowing users to not just download but also discover apps tailored for every user.
NxtCell India
, which holds exclusive brand authorization from TCL to represent and operate the 'Alcatel' brand in India and select international markets, is instrumental in driving this collaboration. This partnership reflects NxtCell's vision to align with the Government of India's
Make in India
program by integrating local technology solutions that empower Indian users and developers. Notably, Indus Appstore joined hands with Alcatel shortly after its India launch and will be part of the brand's journey from the very beginning.
Speaking about the partnership,
Priya M Narasimhan, Chief Business Officer, Indus Appstore
said,
'
We're thrilled to partner with Alcatel at the early stages of their journey in India. This collaboration enables Alcatel users to discover and experience apps through a homegrown platform that delivers true localization and personalization. This partnership also expands Indus Appstore's reach while providing developers and marketers opportunities to showcase their apps and connect with more users across India.
'
Commenting on the association,
Atul Vivek, Chief Business Officer, NxtCell India,
said,
"As we prepare to reintroduce Alcatel smartphones to the Indian market, our focus is on creating meaningful differentiation through localized innovation. Partnering with PhonePe's Indus Appstore allows us to deliver a digital experience tailored to Indian preferences right from the first boot. They have been an integral part of our journey since the beginning, and we look forward to a long-term partnership. This association reaffirms our commitment to enabling innovation and reliability for our consumers."
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On the momentum front, the daily RSI is moving sideways, showing a lack of clear directional conviction, while the MACD histogram stays below its zero and signal lines, keeping the overall sentiment cautiousInternally, the index's 'troops' aren't all marching in unison — 28 out of the 50 Nifty constituents are still trading below their 50-day EMA, suggesting this recovery lacks broad-based the rally to achieve true strength — much like the unity that drove India's freedom movement — Nifty will need to conquer the 24,750–24,800 resistance zone. A sustained move above 24,800 could open the path to 25,100. On the flip side, 24,470–24,450 remains the crucial support base. 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Meanwhile, the daily RSI remains stuck in a sideways zone, underscoring the absence of a clear breakout forward, the 55,700–55,800 zone is expected to act as a key resistance for the index, while the 54,900–54,800 zone will serve as crucial support. A sustained move beyond either of these levels could trigger a directional the 55,700–55,800 zone is expected to act as a key resistance for the Bank Nifty, while the 54900–54800 zone will serve as crucial support. A sustained move beyond either of these levels could trigger a directional options data and PCR suggest a phase of short-term consolidation in the market. The PCR fluctuating between 0.78 and 1.08 indicates a balanced sentiment, with no signs of extreme bullish or bearish positioning. Strong put writing at 24,600 and 24,500 strike prices highlights immediate support zones, while call writing at 24,700 and 24,800 points to resistance levels in the near term. A breakdown below 24,450 could drag the index toward 24,300–24,250, whereas a sustained breakout above 24,800 may open the path toward 25,000–25,050. Until a decisive move occurs, the index is likely to consolidate within the 24,450–24,750 range. Additionally, stable implied volatility around 10 reflects a lack of panic, reinforcing the view of a steady, range-bound market in the short both Muthoot Finance and Apollo Hospitals have delivered strong weekly breakouts, supported by robust volume, which adds conviction to the move. With both stocks trading near or at all-time highs, the technical setup remains bullish — all key moving averages are trending upward, and momentum indicators like RSI and MACD are showing strengthHence, we believe the medium-term outlook remains positive, and the stocks are likely to continue their outperformance. 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