Daljeet Singh Kohli - Head of Research at IndiaNivesh Securities told CNBC-TV18, "We have hold rating on Bharti Airtel and Idea Cellular. We believe that there are still a lot many headwinds to come across. Although they have done well in these auctions but that has already been captured in the price."
At 13:44 hrs Bharti Airtel was quoting at Rs 410.10, up Rs 3.30, or 0.81 percent. It has touched an intraday high of Rs 412.20 and an intraday low of Rs 401.90.
Disclosure: Analyst has personal holdings in HSIL
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