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Telecom stocks edge higher

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Telecom stocks were trading in green, with the S&P BSE Telecom index increasing 2.58 points or 0.23% at 1128.1 at 09:48 IST.

Among the components of the S&P BSE Telecom index, Tejas Networks Ltd (up 8.62%), Sterlite Technologies Ltd (up 3.28%),OnMobile Global Ltd (up 1.82%),Bharti Infratel Ltd (up 1.67%),Optiemus Infracom Ltd (up 1.45%), were the top gainers. Among the other gainers were ITI Ltd (up 0.87%), HFCL Ltd (up 0.85%), and Mahanagar Telephone Nigam Ltd (up 0.1%).

On the other hand, Reliance Communications Ltd (down 3.45%), GTL Infrastructure Ltd (down 2.5%), and Vodafone Idea Ltd (down 1.95%) turned lower.

At 09:48 IST, the S&P BSE Sensex was down 158.51 or 0.38% at 41399.49.

 

The Nifty 50 index was down 41.65 points or 0.34% at 12214.2.

The S&P BSE Small-Cap index was up 29.89 points or 0.22% at 13678.64.

The S&P BSE 150 Midcap Index index was up 4.31 points or 0.09% at 4769.64.

On BSE,796 shares were trading in green, 659 were trading in red and 62 were unchanged.

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First Published: Dec 31 2019 | 10:00 AM IST

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