BHARTI AIRTEL

Down 2% to Rs 306.35 and touched 52-week low of Rs 289.05
Reason: TRAI recommendation proposing steep hike in spectrum charges
**Telecom regulator set Rs 3,622.18 crore as base or minimum price for 2G spectrum auction, which is around 10 times higher than the floor price at which the former Telecom Minister A Raja had allocated spectrum in 2008.
**Most brokerages put a cautious stance and raise concerns about litigation worries & growth outlook
IDEA CELLULAR down 3.72% to Rs 80.15