Bharti Airtel shares gained 8 percent amid high volumes after it decided to acquire Telenor India that gives the company additional spectrum in 1,800 MHz band.
Its peer Idea Cellular also rose nearly 7 percent after a media report indicated that Soft Bank may end up buying 15-20 percent in merged entity. The Indian rupee has opened almost flat at 66.96 per dollar on the last day of week against previous close of 66.97.
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