Telecom stocks edge higher

Telecom stocks were trading in green, with the BSE Telecommunication index increasing 18.61 points or 0.63% at 2982.91 at 09:42 IST.
Among the components of the BSE Telecommunication index, Mahanagar Telephone Nigam Ltd (up 8.19%), Tata Teleservices (Maharashtra) Ltd (up 7.48%), ITI Ltd (up 2.81%), Bharti Hexacom Ltd (up 1.34%), Bharti Airtel Ltd (up 0.81%), and HFCL Ltd (up 0.32%), were the top gainers.
On the other hand, Optiemus Infracom Ltd (down 2.81%), Tejas Networks Ltd (down 1.57%), and Indus Towers Ltd (down 1.53%) turned lower.
At 09:42 IST, the BSE SmallCap was down 149.6 or 0.26% at 57553.88.
The BSE 150 MidCap Index index was up 1.29 points or 0.01% at 16533.69.
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The Nifty 50 index was up 19.25 points or 0.08% at 24661.05.
The BSE Sensex index was up 102.54 points or 0.13% at 81628.68.
On BSE,1655 shares were trading in green, 1458 were trading in red and 116 were unchanged.
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First Published: Dec 12 2024 | 10:00 AM IST
