Telecom stocks were trading with gains, with the S&P BSE Telecom index increasing 22.13 points or 1.92% at 1175.64 at 09:53 IST.
Among the components of the S&P BSE Telecom index, Tejas Networks Ltd (up 4.1%), and Bharti Airtel Ltd (up 2.74%), were the top gainers.
On the other hand, Reliance Communications Ltd (down 4.35%), Vindhya Telelinks Ltd (down 4.06%), and Bharti Infratel Ltd (down 3.02%) turned lower.
At 09:53 IST, the S&P BSE Sensex was down 133.86 or 0.43% at 31319.65.
The Nifty 50 index was down 51.65 points or 0.56% at 9153.95.
The S&P BSE Small-Cap index was down 5.17 points or 0.05% at 10644.44.
The S&P BSE 150 Midcap Index index was up 4.38 points or 0.12% at 3755.11.
On BSE,496 shares were trading in green, 973 were trading in red and 63 were unchanged.
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