Sensex Extends Gains, Nifty Above 10,050; Bharti Airtel, Idea Up 4%

The market breadth remained strong as about 1,406 shares advanced against 622 declining shares on the BSE.

Bharti Infratel, Bharti Airtel and Idea Cellular shares prices rallied 3-4.5 percent on a media report indicated that KKR-led fund is in talks to buy tower business.

"A consortium led by US buyout fund KKR and comprising Canada Pension Plan Investment Board, Abu Dhabi Investment Authority and GIC Singapore is in discussions to acquire Indus Towers, the world’s largest wireless infrastructure company, and telecom tower company Bharti Infratel for USD 11 billion," a media report said quoting multiple people in the know.

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