Telecom stocks were trading in the negative zone, with the S&P BSE Telecom index falling 31.38 points or 2.38% at 1287.35 at 13:49 IST.
Among the components of the S&P BSE Telecom index, Vodafone Idea Ltd (down 7.06%), OnMobile Global Ltd (down 5%),Mahanagar Telephone Nigam Ltd (down 4.98%),Reliance Communications Ltd (down 4.97%),Tejas Networks Ltd (down 4.2%), were the top losers. Among the other losers were Sterlite Technologies Ltd (down 3.05%), HFCL Ltd (down 2.82%), Tata Communications Ltd (down 2.76%), ITI Ltd (down 2.31%), and Vindhya Telelinks Ltd (down 2.26%).
At 13:49 IST, the S&P BSE Sensex was down 493.56 or 1% at 48686.75.
The Nifty 50 index was down 140.75 points or 0.97% at 14408.65.
The S&P BSE Small-Cap index was down 350.15 points or 1.71% at 20090.77.
The S&P BSE 150 Midcap Index index was down 109.88 points or 1.62% at 6654.94.
On BSE,608 shares were trading in green, 2227 were trading in red and 162 were unchanged.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
