MARKET EYE-India's Bharti Infratel shares gain on FTSE inclusion

Mon Dec 31, 2012 1:14pm IST

Related Topics

Stocks

   

* Shares in Bharti Infratel Ltd rose 1.3 percent after
the FTSE said on Friday it would include the mobile tower
company to its large cap index starting on Jan. 7, with an
investability weighting of 9 percent.
* Market participants said the move was sentimentally positive,
and would prompt buying from passive trackers of the FTSE
indexes. 
* Bharti Infratel shares slumped 13 percent on its listing day
on Friday, weighed by cautious outlook for the mobile tower
operator.
FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Fuelling Change

REUTERS SHOWCASE

NSEL Fraud

NSEL Fraud

Govt orders Financial Tech to absorb NSEL, liabilities  Full Article 

Quarterly Result

Quarterly Result

HDFC Bank net profit up 20 percent, lags estimates.  Full Article 

JLR China

JLR China

JLR sees 20 percent growth in China sales this year - exec  Full Article 

China Economy

China Economy

China's growth slowest since global crisis, annual target at risk  Full Article 

Coal Reforms

Coal Reforms

Factbox - India pushes ahead with coal reforms  Full Article 

Apple Result

Apple Result

Apple's iPhone sales beat Street but iPad volumes slide  Full Article 

Airport Accident

Airport Accident

Total CEO de Margerie killed in Moscow business jet accident  Full Article 

Nadella's Paycheck

Nadella's Paycheck

New Microsoft CEO Nadella's pay tops $80 mln with big stock awards.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage