Bharti Airtel has gone through a downgrade at S&P and at the same time the Government of India has said that it will issue a notice inviting all players for the 3G Auction within a week’s time. This is a mixed bag of news for Bharti Airtel. Hence we advise you to avoid the stock at the moment and wait for a clear direction in the budget.
Following are the links:
S&P Downgrade Link:
3G Auction Invite Link:
Hope this helps.
Previous disclaimers apply !
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