Bharti Airtel likely to merge verticals: Reports

	Dated:07 July,2011

Market Round-up SENSEX 19078.30 351.33 NIFTY 5728.95 103.50 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Rushil Decor Ltd. 119.50 + 65.97 SKS Microfinance Ltd. 411.80 + 20.01 Selan Exploration Technol 338.35 + 14.83 Ratnamani Metals & Tubes 114.50 + 13.82 Zenith Computers Ltd. 19.90 + 13.07 NSE Losers Scrip Price(Rs.) %Change Peacock Industries Ltd. 3.15 -10.00 Repro India Ltd. 132.45 -6.95 MPS Ltd. 41.50 -6.85 Bhartiya International Lt 59.45 -6.75 Indus Fila Ltd. 19.60 -6.67

Top Headlines Sensex ends above 19000; Bharti Airtel, L&T, ACC, Hindalco up Buying activity was also seen in broader markets as well. Sentiments turned bullish with easing food inflation and positive European peers. India in an extended bear market phase: Amit Bhartia, GMO Judging by breadth of mkt, we are already in a serious bear market. Inflation has been compounding at about 10% a year, says Amit Bhartia, GMO. Underweight on India for now: Jonathan Schiessel, Ashburton Funds In the medium term, anything above 8% is the sustainable rate of growth in India is good, says Jonathan Schiessel, Fund Manager, Ashburton Funds. Views on Stocks/Markets Buy SpiceJet: Sudarshan Sukhani Godrej Properties best real estate stock: Ashwani Gujral Buy Selan and Hindustan Oil Exploration: Ashwani Gujral IPO/Global Markets Asian shares mixed World markets rise BGIL to raise up to Rs 54 cr Rupee / Gold Gold at Rs 22,189 Re ends at 44.4250/4350 Gold stocks to outsparkle gold More 'Market' News Bharti Airtel likely to merge verticals: Reports Bharti Airtel is likely to announce merger of its DTH, Telemedia and Mobility Division, say reports. UBS downgrades India's BPCL to 'sell' from 'neutral' UBS downgraded India's Bharat Petroleum Corp to sell from neutral, citing "irrational exuberance" in the stock price due to a fuel price hike. Sun TV shares down after Dayanidhi Maran quits as textiles minister The group has been promoted by the Maran family and Dayanidhi's brother Kalanithi is the chairman of the enterprise.