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Bharti Airtel shines in weak market

May 5, 2010

Shares in Bharti Airtel, India’s top mobile operator, gained 2.6 percent on Wednesday and ended the top gainer among Sensex components, even as the benchmark closed weak near its 2-month low.

Its shares had declined 2.9 percent over the two earlier sessions.

Rival firm Reliance Communications’ shares however ended weak after losing 1.05 percent. Idea Cellular closed marginally in red.

Shares in Bharti have dropped over 3 percent since mid-April. Do you think it is the right time to invest in the counter?

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