Wednesday, December 7, 2011

Stock Tip of the Day

Bharti Airtel trading at Rs. 368 a must buy at this price. Markets are uncertain but this stock is certain to touch Rs. 390 in next few days if not trading sessions.

Another telecom stock Idea is a compelling buy as well at Rs. 89, but i would suggest that you go for Bharti Airtel at this moment.

Bharti and Idea stocks have plummeted today because Credit Suisse changed their ratings from outperform to neutral. Such ratings have a short term impact on the stocks and its impact will fizzle out in a day or two and after that these stocks would trade on fundamentals which are still intact and no ratings can hurt that.

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