GOLDEN RULES FOR TRADING

Telecom Stocks Outlook for the week – 22 to 26.06.2015 (Stock specific triggers)

Telecom Stocks Outlook for the week – 22 to 26.06.2015
(Stock specific triggers)

Stocks of telecom companies are seen trading on stock-specific triggers during the next week in absence of any sectoral trend. Shares of Bharti Airtel made a good close yesterday, and there is a positive outlook on Airtel. But Idea and RComm have a negative outlook for next week.

Bharti Airtel is being viewed positively by the Street post the news of its 4G pilot run in Delhi, where the company has its biggest subscriber base. According to data provided by the Cellular Operators Association of India, Bharti Airtel had 10.9 mln subscribers in Delhi city alone, out of its total 229.4 mln subscribers, as on May 31.