Vodafone's 100 per cent buy up of stake would be big fillip to telecom stocks: Jagdish Malkani, NSE & BSE

In a chat with ET Now, Jagdish Malkani, Member NSE & BSE, shares his views on telecom space:

ET Now: What is your call on Telecom space?

Jagdish Malkani: Idea has been a remarkable performer; however, the biggest news of the day for the sector and for these stocks is the Vodafone story—they are ready to buy up the rest of the stake and be the first to go 100 per cent provided it all goes through without any hiccups.

Thus, that has been a huge fillip to some of the stocks we have been talking about like Bharti, Idea and even Tata Communication in its own way.