Benchmarks extended gains in afternoon trade, with the Nifty hitting a fresh 52-week high of 8970.05 for the first time since September 2016. The 30-share BSE Sensex was up 113.93 points at 28978.64 and the 50-share NSE Nifty rose 38.95 points to 8965.85.
Telecom is the leading gainer today on the back consolidation in sector. Bharti Airtel surged 4.8 percent on acquisition of Telenor India while Idea Cellular jumped over 7 percent after a media report indicated that Japanese fund Soft Bank is likely to pick up some stake in proposed merged entity but the fund denied stake buy. More Information visit : www.paceresearchindia.com and Call : 8817774774
Telecom is the leading gainer today on the back consolidation in sector. Bharti Airtel surged 4.8 percent on acquisition of Telenor India while Idea Cellular jumped over 7 percent after a media report indicated that Japanese fund Soft Bank is likely to pick up some stake in proposed merged entity but the fund denied stake buy. More Information visit : www.paceresearchindia.com and Call : 8817774774
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