Telecom shares fall

Telecom stocks were trading in the negative zone, with the BSE Telecommunication index falling 5.1 points or 0.16% at 3251.99 at 13:39 IST.

Among the components of the BSE Telecommunication index, Mahanagar Telephone Nigam Ltd (down 3.51%), GTL Infrastructure Ltd (down 1.95%),ITI Ltd (down 1.16%),Sterlite Technologies Ltd (down 0.99%),Tejas Networks Ltd (down 0.8%), were the top losers. Among the other losers were Route Mobile Ltd (down 0.75%), Railtel Corporation of India Ltd (down 0.66%), Vodafone Idea Ltd (down 0.6%), Tata Teleservices (Maharashtra) Ltd (down 0.58%), and Avantel Ltd (down 0.44%).

On the other hand, OnMobile Global Ltd (up 4.48%), Optiemus Infracom Ltd (up 2.1%), and Bharti Airtel Ltd (up 0.64%) moved up.

 

At 13:39 IST, the BSE SmallCap was up 152.92 or 0.27% at 57280.96.

The BSE 150 MidCap Index index was up 42.03 points or 0.25% at 17018.37.

The Nifty 50 index was up 43.95 points or 0.17% at 25400.45.

The BSE Sensex index was up 142.61 points or 0.17% at 83033.55.

On BSE,2175 shares were trading in green, 1855 were trading in red and 115 were unchanged.

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