Nomura reiterated its 'Buy' rating on Bharti Airtel, noting that Airtel is a premium Indian telecom company.

The entities involved

• Nomura →

  corporation in Japan

  • Nomura advises on potential shifts in Reserve Bank of India policy amid changes in the global economic outlook.Mon 13:10
  • Nomura notes high accuracy of Fed's market moves as Warsh presides over his first meeting, with Fed statements echoing Greenspan's style.Mon 10:26
• Bharti Airtel →

  Indian multinational telecommunications company

  • A market sell-off is underway, causing steep declines in the shares of major IT service providers including Infosys, Wipro, HCL, Larsen & Toubro, and Bharti Airtel.Mon 15:42
  • Escalating tensions drove Brent crude prices up, negatively impacting various companies in the Indian market, including HCL Technologies, Bharti Airtel, and Apollo Hospitals.Fri 09:59

Related events

• Bharti Airtel is the parent firm of Airtel Payments Bank, which serves customers across India. Sunil Mittal, founder of Bharti Enterprises, chaired the bank.Aug 17
• Nomura reaffirmed its 'Buy' rating and target price for Lupin Limited.Sep 17
• Nomura maintained a 'Buy' rating on HDFC Bank, while the RBI set a 15-year cap on director tenure.Aug 31
• Bharti Airtel and Cipla contributed to strong earnings growth in the Indian market, according to Motilal Oswal.Aug 18