* 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.
Trending On Reuters
What seemed like a possibility for the Nifty to cross the 8,000 mark just two weeks ago has now turned out to be a far-fetched dream. A 7,950-8,000 range could be used to book partial profits and re-enter closer to 7,750-7,800 for the next couple of weeks. The next big trigger would be the arrival of monsoons, writes Ambareesh Baliga. Read