Telecom shares rise

Telecom stocks were trading with gains, with the BSE Telecommunication index rising 22.6 points or 0.76% at 2977.98 at 09:30 IST.
Among the components of the BSE Telecommunication index, ITI Ltd (up 8.46%), Mahanagar Telephone Nigam Ltd (up 6.54%),Bharti Hexacom Ltd (up 1.59%),Indus Towers Ltd (up 1.29%),Railtel Corporation of India Ltd (up 0.84%), were the top gainers. Among the other gainers were Tejas Networks Ltd (up 0.71%), Sterlite Technologies Ltd (up 0.68%), Vindhya Telelinks Ltd (up 0.51%), Bharti Airtel Ltd (up 0.41%), and Tata Teleservices (Maharashtra) Ltd (up 0.32%).
On the other hand, Route Mobile Ltd (down 0.64%), Tata Communications Ltd (down 0.09%), and Optiemus Infracom Ltd (down 0.07%) moved lower.
At 09:17 IST, the BSE SmallCap was up 116.19 or 0.2% at 56823.97.
The BSE 150 MidCap Index index was up 21.11 points or 0.13% at 16355.03.
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The Nifty 50 index was up 17.3 points or 0.07% at 24725.7.
The BSE Sensex index was up 46.97 points or 0.06% at 81812.83.
On BSE,2158 shares were trading in green, 1000 were trading in red and 126 were unchanged.
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First Published: Dec 06 2024 | 10:00 AM IST
