Bharti Airtel Hits 52-Week High, Idea Cellular Jumps

Bharti Airtel and Idea Cellular stocks soared amid high volumes on Thursday as telecom shares were in focus after India's largest telecom operator announced agreement to buy Telenor India. Bharti Airtel surged as much as 11 per cent to touch a fresh 52-week high of Rs 400.65. Idea Cellular shares also jumped 8.5 per cent to a session high of Rs 122. Analysts say consolidation in the country's telecom sector to counter aggressive comp...