Sharekhan has revised it`s rating on Airtel to long term bearish with target 60..!! Script has broken the crucial support of 290 today, might go down easily to next support level..
dear maximindia,i am no fan of airtel but i am sure bigger loosers will be reliance and shift may indeed favour airtel due to good spread and atleast better than reliance service
Finally all telcos wl b losers.Just look at aviation sector.When more service providers r there in any sector everyone tries to snatch others pie.So all airlines gone red some may b bigger loser.Similar fate is awaiting TELCOS.All d new entrants wl snatch customers from old coS and finally like Jet kingfisher airindia ALL wl b in deep RED.