Mumbai: Shares in Bharti Infratel Ltd rose 1.3% after the FTSE said on Friday it would include the mobile tower company to its large-cap index starting 7 January, with an investability weighting of 9%.
Market participants said the move was sentimentally positive, and would prompt buying from passive trackers of the FTSE indexes.
Bharti Infratel shares slumped 13% on its listing day on Friday, weighed by cautious outlook for the mobile tower operator.
