GOLDEN RULES FOR TRADING

Telecom Stocks Outlook for the week – 24 to 28.08.2015 Expected to extend losses next week

Telecom Stocks Outlook for the week – 24 to 28.08.2015
Expected to extend losses next week


More disappointment is in store for telecom stocks next week as they are seen to extend losses of the last five trading sessions. Telecom stocks are unlikely to escape the weakness in the broader market following signs of a worsening economic slowdown in China. The analysts predicted a downward trend for Bharti Airtel Ltd. Reliance Communications Ltd may remain range-bound during the week.