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Telecom shares spurt

Capital Market 

Telecom stocks were trading in the positive zone, with the S&P BSE Telecom index rising 34.91 points or 3.21% at 1123.49 at 09:48 IST.

Among the components of the S&P BSE Telecom index, Bharti Infratel Ltd (up 8.6%), Vodafone Idea Ltd (up 7.1%),ITI Ltd (up 6%),Mahanagar Telephone Nigam Ltd (up 4.9%),GTL Infrastructure Ltd (up 4.26%), were the top gainers. Among the other gainers were OnMobile Global Ltd (up 4.23%), Reliance Communications Ltd (up 3.85%), Bharti Airtel Ltd (up 1.59%), Tejas Networks Ltd (up 1.1%), and HFCL Ltd (up 0.58%).

On the other hand, Vindhya Telelinks Ltd (down 1.98%), moved lower.

At 09:48 IST, the S&P BSE Sensex was down 204.67 or 0.5% at 40925.5.

The Nifty 50 index was down 34.75 points or 0.29% at 12116.4.

The S&P BSE Small-Cap index was up 85.95 points or 0.64% at 13583.31.

The S&P BSE 150 Midcap Index index was up 27.59 points or 0.58% at 4776.14.

On BSE,921 shares were trading in green, 530 were trading in red and 61 were unchanged.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 29 2019. 10:01 IST