Indian benchmark indices close higher on Thursday
However, the market could not retain its day's high owing to selling pressure in bank stocks and Reliance Industries as well the with the Febraury F&O ending.
Market breadth remained negative, with 1518 shares declining against 1233 advancing on the BSE.
On Thursday, India's largest telecom Bharti Airtel informed the regulator that it will acquire Telenor India assets, according to media reports. The acquisition is subject to regulatory approvals.
The news sent Bharti shares up 10 per cent intraday.
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