Shares of Bharti Airtel, Idea Cellular rise by up to 5%

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The shares of telecom services providers Bharti Airtel, Idea Cellular, Mahanagar Telephone Nigam Limited (MTNL) and Reliance Communications have increased by up to 5% to Rs 316 on BSE.

Bharti Airtel was up 5% to Rs 316 on BSE after the telecom major said Bharti Airtel International (Netherlands) BV through its entirely claimed auxiliary has finished the obtaining of Econet Wireless' whole 4.2% stake in Airtel Nigeria.

Subsequently, Airtel's general holding in Airtel Nigeria has expanded to 83.25%, it included.

Among the other individual stocks, Idea Cellular was up 4% to Rs 76 took after by Reliance Communications (3% at Rs 36) and MTNL (4% at Rs 17.45) on BSE. The S&P BSE Sensex was down 0.05% at 26,304 focuses at 01:40 pm.

The back service said on Thursday evening that the purchasers with prepaid associations will have the capacity to do best ups for a most extreme of Rs 500 every utilizing more established cash notes till December 15.