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BSE Sensex down, Bharti slides, pharmas gain

SENSEX-BHARTI-PHARMA:BSE Sensex down Bharti slides, pharmas gain

Reuters  |  MUMBAI  

 

Reuters Market Eye - The falls 0.2 percent, while the 50-share Nifty declines 0.1 percent. Airtel falls 3.75 percent after Credit Suisse downgrades the stock to "underperform", citing the prospect Reliance Infotel would enter the wireless voice market and further hit margins in the sector.

Pharmaceutical stocks rise, with Laboratories up 3.3 percent, as a couple analyst reports cite improved sales potential in the key U.S. market.

First Published: Wed, August 22 2012. 15:23 IST
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