GOLDEN RULES FOR TRADING

Telecom Stocks Outlook for the week – 28.09.2015 to 01.10.2015 Bharti Airtel, Idea may trade lower next week

Telecom Stocks Outlook for the week – 28.09.2015 to 01.10.2015
Bharti Airtel, Idea may trade lower next week

Stocks of major telecom companies are seen extending their losses after breaking crucial supports in the just concluded week. Stocks of Aditya Birla group company Idea Cellular may trade in the negative territory. Overall outlook for the sector remained positive with crucial policy decisions on spectrum sharing and trading having been cleared by the Cabinet in the last few months. Spectrum sharing allows operators to pool their respective spectrum for usage in a specific geographical area and thereby ensuring more efficient utilisation of the spectrum. Spectrum trading will allow one company to sell its spectrum to another at a market linked price