Telecom stocks slide

Image
Last Updated : Dec 10 2024 | 2:31 PM IST

Telecom stocks were trading with losses, with the BSE Telecommunication index decreasing 37.63 points or 1.26% at 2952.39 at 13:42 IST.

Among the components of the BSE Telecommunication index, Mahanagar Telephone Nigam Ltd (down 4.92%), Route Mobile Ltd (down 3.64%),Bharti Hexacom Ltd (down 3.61%),HFCL Ltd (down 3.29%),Railtel Corporation of India Ltd (down 2.34%), were the top losers. Among the other losers were Tata Teleservices (Maharashtra) Ltd (down 2.19%), Bharti Airtel Ltd (down 1.62%), Tejas Networks Ltd (down 0.98%), Indus Towers Ltd (down 0.61%), and Tata Communications Ltd (down 0.61%).

On the other hand, Vindhya Telelinks Ltd (up 6.03%), ITI Ltd (up 5.34%), and Optiemus Infracom Ltd (up 4.42%) turned up.

At 13:42 IST, the BSE SmallCap was up 20.82 or 0.04% at 57334.43.

The BSE 150 MidCap Index index was up 0.35 points or 0% at 16424.64.

The Nifty 50 index was down 74.65 points or 0.3% at 24544.35.

The BSE Sensex index was down 228.78 points or 0.28% at 81279.68.

On BSE,1907 shares were trading in green, 2001 were trading in red and 143 were unchanged.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 10 2024 | 2:00 PM IST

Next Story