Bharti Airtel Ltd. climbed in Mumbai trading, poised for its biggest gain in almost 14 months, after Credit Suisse Group AG raised its stock rating to “outperform,” citing an improved competitive environment.
The following companies may have unusual price changes in India trading . Stock symbols are in parentheses and share prices are as of the last close , unless stated otherwise. Markets were closed on April 22 for a holiday.
India should manage its currency to reduce volatility like China guides its yuan exchange rate, Infosys Ltd.’s Chief Financial Officer V. Balakrishnan said, after the rupee today extended losses to a two-year low.
Indian stocks dropped, mirroring losses in Asian and European equities, after earnings reports from Taiwan to Sweden disappointed investors and as Moody’s Investors Service cut credit ratings on five Spanish regions.