Bharti airtel shares slip over 8 pct

Telecom stocks were under pressure on reports the government is unlikely to keep its 7 December 2009 dateline for the auction of 3G airwaves, which are vital for high-end services such as video conferencing and ultra-fast internet on mobiles.

India's largest cellular services provider by sales Bharti Airtel slumped 8.27% to Rs 399.35 on high volume of 63.13 lakh shares.
India's second largest cellular services provider by sales Reliance Communications dropped 5.69%.

Airtel Stock Price

15:33 IST realty index ends down over 3 pct, metal index slips 2.3 pct, bankex ends down 2.1 pct
15:31 IST bharti airtel shares slip over 8 pct, relaince industries down 1.7 pct, sbi slips over 3 pct
15:30 IST bse sensex provisionally ends down 1.6 pct to 16,857 with 23 of 30 index components in red
15:29 IST banking index down over 2 pct; federal bank, yes bank shares slip over 4 pct each, icici down 2 pct
15:27 IST shares in jet airways up over 12 pct to 376 rupees, top gainer in mid-cap index
15:22 IST mindtree says enters mobile handsets business
15:20 IST bharti airtel down over 8 pct, grasim indus down 7.3 pct, hindalco slips 6.7 pct
15:17 IST arcelormittal says to look at other sites if land issues persist - ndtv profit
15:16 IST arcelormittal says still working in jharkhand, orissa projects - ndtv profit
15:15 IST arcelormittal says no plans to quit india projects - ndtv profit
15:09 IST mahindra satyam shares slip 4.2 pct to 112.75 rupees
15:08 IST realty index worst hit in trade, unitech slips nearly 5 pct, dlf down 3.2 pct,
15:02 IST bse block deal: bilcare 150000 shares at 440.00 inr
14:58 IST sensex down 275 points to 16,857 led by losses in bharti airtel, reliance industries and sbi
14:53 IST reuters summit - merrill says indian wealthy adding risk to portfolios; cash levels halved from 2008
14:52 IST reuters summit - merrill expects 20-25 pct growth in new client assets in india over next 12 mths
14:52 IST reuters summit - merrill says has 50 relationship managers in india, looking to hire at least 10 more in 12 mths
14:49 IST reuters summit - merrill lynch says has not lost clients in india due to market turmoil, merger with bank of america
14:44 IST banking index down 1.5 pct; axis bank slips 4 pct, sbi down 2.1 pct, icici slips 1.3 pct
14:43 IST surana telecom says board to meet oct 13 to consider demerging, expanding solar business
14:41 IST microsoft ceo ballmer says to invest more in internet search marketing, would not expect to make acquisitions in search
14:36 IST bharti airtel shares down over 8 pct to 398 rupees, top sensex loser
14:35 IST kuwait wealth fund head says buying stakes in local investment firms an option at right price - arabiya tv
14:35 IST kuwait wealth fund head says 2 dinars per share offer to fellow zain shareholders "good price" - arabiya tv
14:31 IST shares in reliance industries down 1.4 pct to 2141 rupees
14:26 IST kuwait wealth fund head says was not part of other shareholders' talks on sale of zain stake - arabiya tv
14:23 IST kuwait wealth fund head says open to selling its zain stake at "appropriate price" - arabiya tv
14:22 IST nifty index down 1.3 pct to 5,020; top losers - bharti airtel and grasim industries
14:15 IST nsei block deal: housing development finance corp 30005 shares at 2732.05 inr
14:14 IST areva t&d says gets order worth 500 mln rupees

Comments