Market
Bharti Airtel shares gain 6% after co receives govt nod to raise FDI limit in subsidiaries
Updated : January 13, 2021 03:12 PM IST
The share price of Bharti Airtel surged over 6 percent on Wednesday after it received a government nod to raise the FDI limit to 100 percent from 49 percent in its subsidiaries.
Market experts believe that the revised limit is likely to drive up its weights in the forthcoming MSCI February 2021 Quarterly Index Review.