Telecom stocks were trading with gains, with the S&P BSE Telecom index rising 8.31 points or 0.75% at 1111.43 at 09:48 IST.
Among the components of the S&P BSE Telecom index, Vodafone Idea Ltd (up 4.88%), Optiemus Infracom Ltd (up 4.46%), Bharti Infratel Ltd (up 2.48%), HFCL Ltd (up 0.58%), ITI Ltd (up 0.42%), and Bharti Airtel Ltd (up 0.18%), were the top gainers.
On the other hand, Reliance Communications Ltd (down 4.21%), GTL Infrastructure Ltd (down 3.92%), and Tejas Networks Ltd (down 3.36%) moved lower.
At 09:48 IST, the S&P BSE Sensex was up 173.52 or 0.43% at 40413.4.
The Nifty 50 index was up 38.95 points or 0.33% at 11895.75.
The S&P BSE Small-Cap index was up 26.29 points or 0.2% at 13171.56.
The S&P BSE 150 Midcap Index index was up 14.83 points or 0.32% at 4624.34.
On BSE,708 shares were trading in green, 595 were trading in red and 83 were unchanged.
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