Bharti Airtel a good long term bet: Jagdish Malkani

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Bharti Airtel a good long term bet: Jagdish Malkani

Bharti Airtel is a good long term bet, says Jagdish Malkani, Member NSE.

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Excerpts from Closing Bell on CNBC-TV18 Watch the full show » ALSO READ See previous views by Jagdish Malkani See what other Experts & Brokerages are saying about Bharti Airtel See messages about Bharti Airtel Bharti Airtel BSE | NSE 10/02/12 Are Mutual Funds betting on Bharti Airtel?

Bharti Airtel is a good long term bet, says Jagdish Malkani , Member NSE.

Malkani told CNBC-TV18, "From the long term point of view I would only look at Bharti Airtel, I do think this fall has been way overdone and suddenly there is doom and gloom all around. All these 3-4 factors like the 50 paisa calls or the one second billing or the portability, it's all not come out of the blue and it's a good story and a play and its one of the hottest sector in India. But there is tonne of competition but then the fall has been also very dramatic and you can see SingTel and the serious investors of the world are voting with their checkbooks, so from a long term point of view, I think its been overdone. So I do think Bharti even though the tonne of gloomy prognosis out there, it's a good long term bet."