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The bulls tried to pull the markets back into the green but failed. Both indices are still trading weak, amid volatility. Selling continues in technology, capital goods, power, metal, and FMCG stocks. Reliance Industries and Bharti Airtel are also seeing major cuts. However, banking, cement, realty, auto stocks are supporting the markets.

Total mobile subscriber base at 325.73 million; Bharti Airtel added 2.72 million users in October

Bharti Airtel rose 3.05 per cent to end the day at Rs 671, after global rating agency Fitch upgraded the company’s long-term foreign currency issuer default rating to “BBB-” from

According to IIFL\’s report, Bharti remains the research firm\’s top pick, and MTNL, its top sell.

Markets are trading in negative terrain, despite showing smart recovery from lows of the day. Recovery led by Bharti Airtel, BHEL, NTPC, ITC, Idea, DLF, Reliance Infrastructure, Unitech, Ranbaxy, ICICI Bank, Ambuja Cements, ACC, Hindalco, SAIL and ABB.

Anand Rathi Securities has initiated a buy rating on Bharti Airtel with a target price of Rs 850. The company is best placed to ride regulatory bumps, thanks to its superior scale and strong balance sheet.

Bharti Airtel had touched an intraday high of Rs 630 and an intraday low of Rs 582.10. At 11:18 am, the share was quoting at Rs 624.80, up Rs 32.60, or 5.50%. It was trading with volumes of 371,178 shares. Yesterday the share closed down 3.18% or Rs 19.45 at Rs 592.20.

CLSA maintains BUY ratings on Bharti Airtel, ITC and Reliance Industries. Infosys Technologies and Sun Pharma have been rated as over-performers and DLF as under-performer.

Indian cos like Infosys,Reliance,Tata Steel & Bharti Airtel figure in the index. Now’s the time to build on long-term wealth I Global meltdown and hypertension