neutral
Recently
Airtel promoters prepare stake sale as global market sentiment lifts Indian equities
Markets point to a firm open as global cues strengthen, while Bharti Airtel’s promoter group plans a ₹7,200 crore stake sale at a discount through block transactions.
India’s equity markets are expected to open stronger on Wednesday, supported by gains across the US, Asian, and regional indices. GIFT Nifty futures signaled a positive start with a 102 point rise at 26,160 as of early morning trade. In stock-specific developments, promoter entity Indian Continent Investment is set to offload a 0.56 percent stake in Bharti Airtel through block deals.