Stake buy buzz: Bharti Airtel stock looks weak, Paytm must hold its 200-DMA

Shares of Bharti Airtel may plunged up to 7 per cent on breaking 200-DMA, while Paytm shares need to holds above its 200-DMA to upheld the positive stance.

Avdhut Bagkar Mumbai
stocks, india inc, stock option, markets, trading, investment, stake, psu, disinvestment, selling, employees, workers, shares, company, firms, BSE, exchange, earnings, results, profit, loss, dividend payout, tax
Web Exclusive Premium

Reports of Bharti Airtel interested in buying stake of Paytm

Shares of Bharti Airtel and One 97 Communications to remain in spotlight for coming sessions after Bloomberg reported the Indian telecom tycoon Sunil Mittal seeks to purchase a stake in the fintech payment bank.
Also, after the recent share buyback, the One 97 Communications is considering selling some part of its shares to maintain the required threshold.
Meanwhile, around ten sessions ago, the shares of One 97 Communications observed a sharp up move gaining almost 32 per cent in just four sessions. Such a move, supported with rising volumes, has caught attentions of several market participants.

Also Read

Can Bira 91 deal trigger gains for alcohol stocks? Here's what charts say

Tata Motors, Ashok Leyland, Eicher eye up to 17% gains, charts show

Sugar stocks to sweeten in 2023; Dwarikesh, Renuka can rally up to 37%

SC relief fails to cheer multiplex stocks; PVR, Inox trend may turn bearish

Pharma shares may turnaound soon; Cipla, Sun Pharma, Granules can gain 20%

Foseco India surges 9%, hits over 5-year high on strong Dec quarter results

Zee Entertainment jumps 6% as NSE reincludes stock in F&O segment

MARKET LIVE: Sensex, Nifty listless; Adani Ent up 7%, Vedanta slumps 8%

Stocks to watch: SpiceJet, Bharti Airtel, SAIL, Wipro, Brigade Ent, Mastek

Retail and MSME asset buying to drive ARC business in FY24: India Ratings

Bharti Airtel

  • 1D
  • 5D
  • 1M
  • 3M
  • 6M
  • 5Y

First Published: Feb 28 2023 | 11:24 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to