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Reliance Jio impact: Should you sell Bharti Airtel, RCom, Idea Cellular?

These three telecom companies collectively lost over Rs 13,000 crore in market-cap on Thursday

Reliance Jio's launch

AftererodingaroundRs13,000croreinmarketcapitalisation(m-cap)onThursdayafterMukeshAmbani,chairmanofRelianceIndustries(RIL)announcedthelaunchofRelianceJiofromSeptember05withanaggressivepricingstructure,telecomstocks-BhartiAirtel,IdeaCellularandRelianceCommunications-trademixedontheNationalStockExchange(NSE)onFriday.  Clickheretotracktelecomstocks WhileBhartiAirtelwastradingmarginallyhigheratRs312levels,up0.4%inearlymorningdeals,IdeaCellularandRelianceCommunications(RCom)slippedaround2.1% ...