Reuters Market Eye - Bharti Airtel falls 1.2 percent while Nifty gains 0.9 percent.
Stock down 15.3 percent in Oct-Dec quarter so far vs 3.3 percent gain in the Nifty.
Mukesh Ambani's Reliance Jio may offer 4G services at cheap prices which may trigger a tariff war for data - investors.
Reliance Industries expects to start offering 4G telecom services next year.
Bharti Airtel's foreign currency debt may also lead to mark to market losses amid emerging market currency volatility - traders.
($1 = 63.5150 rupees)
Also Read
(Reporting by Abhishek Vishnoi)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app