Telecom Stocks Outlook for the week – 09 to 13.03.2015
( www.rupeedesk.in )
Stocks
of major telecom stocks are expected to trade negatively next week primarily
due to weak fundamentals and a further negative push to the stocks is seen on
account of market correction over the past week.
The
markets will be watching for some clarity from the spectrum auctions, which
will help
understand
the debt levels of these companies. The sector is expected to underperform the
market
during the next week and the largest listed stocks in the sector Bharti Airtel
Ltd and Idea Cellular Ltd are also seen negative.
