Telecom stocks were trading in the negative zone, with the S&P BSE Telecom index falling 0.95 points or 0.06% at 1597.41 at 13:48 IST.
Among the components of the S&P BSE Telecom index, Indus Towers Ltd (down 7.02%), GTPL Hathway Ltd (down 1.67%), GTL Infrastructure Ltd (down 1.59%), and Bharti Airtel Ltd (down 0.68%), were the top losers.
On the other hand, OnMobile Global Ltd (up 8.39%), Reliance Communications Ltd (up 6.99%), and Tejas Networks Ltd (up 5%) moved up.
At 13:48 IST, the S&P BSE Sensex was up 754.69 or 1.43% at 53685.
The Nifty 50 index was up 232.2 points or 1.47% at 16040.2.
The S&P BSE Small-Cap index was up 688.47 points or 2.75% at 25683.98.
The S&P BSE 150 Midcap Index index was up 200.92 points or 2.62% at 7861.19.
On BSE,2590 shares were trading in green, 687 were trading in red and 114 were unchanged.
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