MW: Indian shares rise in early trade as Bharti surges
HONG KONG (MarketWatch) -- Indian shares advanced early Thursday, boosted by strong gains in telecom major Bharti Airtel Ltd., one day after the company and South Africa's MTN Group scrapped a proposed mega-merger after months of talks. The Sensex was up 0.2% at 17,157.60 in early action, with Bharti soaring 7.6% in heavy trading to support the broad market. The gain followed a severe underperformance for Bharti Airtel's stock since the company and MTN announced exclusive talks for a deal in May.
