Bharti Airtel falls 1.2 pct while NSE index gains 0.9 pct. Shares of Bharti Airtel down 15.3 pct in Oct-Dec quarter so far vs 3.3 pct gain in NSE index.
Mukesh Ambani’s Reliance Jio may offer 4G services at cheap prices which may trigger a tariff war for data – investors.
- TCS, Bharti Airtel RE, JSW Energy, Zee Entertainment, Emami, Yes Bank stocks in focus
- RIL, SBI, Infosys, Bharti Airtel, Nazara Tech, Zee Entertainment, Tata Steel, Titan, textile stocks in focus
- Bharti Airtel, RIL, Vodafone idea, SBI, ZEEL, Srei Infra Finance, Cadila Healthcare stocks in focus
Reliance Industries expects to start offering 4G telecom services next year.
Bharti Airtel’s foreign currency debt may also lead to mark to market losses amid emerging market currency volatility – traders.
($1 = 63.5150 Indian rupees)
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