Buy Bharti Airtel, target Rs 390: Rahul Shah

Rahul Shah of Motilal Oswal Securities told CNBC-TV18, "In Friday’s session we saw some longs getting added into the Bharti Airtel and today also the stock has continued to look well. So in near term the outlook remains positive for Bharti. I would buy Bharti Airtel with a stop loss of Rs 390 and a target of Rs 425."

At 13:21 hrs Bharti Airtel was quoting at Rs 403, up Rs 7.95, or 2.01 percent. It has touched an intraday high of Rs 408.70 and an intraday low of Rs 392.50.

Disclosure: Analyst does not have any positions though has given the ideas to his clients.