Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Reliance Communications was always number one, it remains. Idea Cellular and Bharti Airtel are two and three, but the entire telecom space - these three companies suggest a significant outperformance versus the Nifty."
"I would be a buyer on dips for all three and there is no need to challenge the prices," Sukhani said. Also Read: Idea files plea to stay I-T dept's Rs 1,500-cr claimDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!