Thursday, 7 December 2017

Bharti Airtel adds over Rs 10,000 crore in market cap

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Shares of Bharti Airtel advanced more than 7% in the late afternoon trades on Thursday. Following the massive surge in the stock prices of Bharti Airtel, it topped in Sensex and Nifty constitutes, simultaneously. The stock of Bharti Airtel gained at 7.11% to Rs 518.4 on BSE whereas it spiked 7.24% to Rs 518.5 on NSE.

With a huge surge in the share prices of Bharti Airtel, the market capitalization (M-Cap) of the company got an admiration of Rs 13,771.04 crore to Rs 2,07,225.22 crore from Rs 1,93,454.18 a day earlier. Shares of Bharti Airtel settled up 6.94% at Rs 517.00 on NSE, on closing today.

Meantime, the key benchmark Sensex & Nifty opened almost unchanged in green but soon extended the gains on Thursday on the back of value buying after an eight-day negation which led the key benchmark indices to drop by 3 percent. On closing, BSE Sensex jumped 352.03 points or 1.08% at 32,949.21 45 while NSE Nifty edged up 122.60 points or 1.22% to 10,166.70.

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